addition, the company sold long$-$term investments for $$24$ that had cost $$12$ when purchased several years ago. Weaver pald a cash

dividend this year and the company repurchased $$77$ of its own stock. This year Weaver did not retire any bonds.

Required:

Using the direct method, adjust the company's income statement for this year to a cash basis.

Using the information obtained in $(1)$ above, along with an analysis of the remaining balance sheet accounts, prepare a statement o

cash flows for this year.