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In: Accounting

Krech Corporation's comparative balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current...

Krech Corporation's comparative balance sheet appears below:

Comparative Balance Sheet
Ending Balance Beginning Balance
Assets:
Current assets:
Cash and cash equivalents $ 33,000 $ 26,300
Accounts receivable 19,000 22,000
Inventory 62,000 59,000
Prepaid expenses 12,400 10,200
Total current assets 126,400 117,500
Property, plant, and equipment 398,000 378,000
Less accumulated depreciation 199,000 170,100
Net property, plant, and equipment 199,000 207,900
Total assets $ 325,400 $ 325,400
Liabilities and stockholders' equity:
Current liabilities:
Accounts payable $ 16,200 $ 11,000
Accrued liabilities 54,000 58,000
Income taxes payable 72,000 74,000
Total current liabilities 142,200 143,000
Bonds payable 82,000 77,000
Total liabilities 224,200 220,000
Stockholders’ equity:
Common stock 32,000 28,000
Retained earnings 69,200 77,400
Total stockholders’ equity 101,200 105,400
Total liabilities and stockholders' equity $ 325,400 $ 325,400

The company's net income (loss) for the year was $(4,100) and its cash dividends were $4,100. It did not sell or retire any property, plant, and equipment during the year. The company uses the indirect method to determine the net cash provided by operating activities.

The company's net cash provided by (used in) operating activities is:

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