Accounts payable $ 71 $ 57 Accrued liabilities 4428 Income taxes...

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Accounting

Accounts payable $ 71 $ 57
Accrued liabilities 4428
Income taxes payable 5757
Total current liabilities 172142
Bonds payable 77144
Total liabilities 249286
Shareholders equity:
Common shares 4742
Retained earnings 14897
Total shareholders equity 195139
Total liabilities and shareholders' equity $ 444 $ 425
Income Statement
Sales $ 568
Cost of goods sold 360
Gross margin 208
Selling and administrative expense 141
Net operating income 67
Gain on sale of plant and equipment 22
Income before taxes 89
Income taxes 32
Net income $ 57
Cash dividends were $6. The company did not issue any bonds or repurchase any of its own common shares during the year. The net cash provided by (used in) financing activities for the year was:r
Multiple Choice
$(68)
$67
$5
$(6)

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