Krech Corporation's comparative balance sheet appears below: Ending Balance Beginning Balance Assets: Current assets: Cash and cash equivalents Accounts receivable $31,000 18,000 58 Prepaid expenses Total current assets Property, plant, and equipment 19,000 374,000 114 354 165 18 Less accumulated depreclation Net property, plant, and equipment Total assets Liabilities and Stockholders' Equity Current labilities 184.000 303.0 $13 52 67.000 132,000 76,000 208,000 69 Accounts peyable Accrued liabilities Income taxes payable 69 Total current liabilities Bonds payable Total liabilities 131 73,000 204.0 Stockholders' equity: 28,000 67,000 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' eguity 73.00 95.0 303.0 The company's net income (loss) for the year was ($3,000) and its cash dividends were $3,000. 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 operating activities is: O $27000 O $21,000 O $29,000 O $19,000
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