at December 31 This Year Last Year $ 23 293 152 Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Loss accumulated depreciation Net property, plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Neerued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 12 229 196 5 442 434 (70) 364 31 $837 - 1:| : $225 79 64 368 172 540 201 96 297 $837 Weaver Company Income Statement Tor This Year Ended December 31 Sales Cost of goods sold Cross margin Selling and administrative expenses Het operating Income Monoperating items! Cain on sale of investments Loss on sale of equipment Income before taxes Income taxes Not Income 5751 447 304 222 82 57 (0) 4 86 22 564 During this year, Weaver sold some equipment for $18 that had cost $31 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $13 that had cost $6 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $36 of its own stock. This year Weaver During this year, Weaver sold some equipment for $18 that had cost $31 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $13 that had cost $6 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $36 of its own stock. This year Weaver did not retire any bonds Problem 15-7 Part 1 (Algo) Required: 1. Using the indirect method, determine the net cash provided by used in operating activities for this year (List any deduction in cash and cash outflows as negative amounts.) Weaver Company Statement of Cash Flows-Indirect Method (partian + 0 $ 0 During this year, Weaver sold some equipment for $18 that had cost $31 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $13 that had cost $6 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $36 of its own stock. This year Weaver did not retire any bonds. Problem 15-7 Part 2 (Algo) 2. Using the information from Part 1, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for this year. (List any deduction in cash and cash outflows as negative amounts.) Weaver Company Statement of Cash Flows For This Year Ended December 31 Operating activities: Investing activities 0 Financing activities O 0 Beginning cash and cash equivalents Ending cash and cash equivalents $ 0