Kilduff Corporation's Balance Sheet and Income Statement Appear Below

Multiple Choice

Kilduff Corporation's balance sheet and income statement appear below: The company sold equipment for $19 that was originally purchased for $10 and that had accumulated depreciation of $5.The company paid a cash dividend of $44 and it did not issue any bonds payable or repurchase any of its own common stock. The net cash provided by (used in) operating activities for the year was:

A) $187
B) $231
C) $257
D) $201