CH.12 #2-3

Comparative financial statements for Weaver Company follow. During 2015, Weaver sold some equipment for $19 that had cost $30 and on which there was accumulated UepieUailun of $10. In addition, the company sold long-term investments for $13 that had cost $6 when purchased several years ago. A cash dividend was paid during 2015 and the company repurchased $40 of its own stock. Weaver did not retire any bonds during 2015. Required: Using the indirect method, determine the net cash provided by/used by operating activities for 2015. Using the information in (1) above, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for 2015