Question: PROBLEM 13A5A Prepare a Statement of Cash Flows (Direct Method) [LO2, LO5] Refer to the financial statement data for Weaver Company in Problem 138A. Required:

PROBLEM 13A–5A Prepare a Statement of Cash Flows (Direct Method) [LO2, LO5]

Refer to the financial statement data for Weaver Company in Problem 13–8A.

Required:

1. Using the direct method, adjust the company’s income statement for 2009 to a cash basis.

2. Using the information obtained in (1) above, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for 2009.

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