CO equired homework Saved Weaver Company Comparative Balance Sheet at December 31 This Year Last Year $ 12 292 157 8 469 509 (B3) 426 28 $ 923 $ 12 229 195 6 442 430 (72) 358 Assets Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 34 $834 $ 301 71 75 447 195 642 161 120 281 $ 923 $ 224 78 65 367 171 538 201 95 296 $834 Weaver Company Income Statement For This Year Ended December 31 Sales Cost of goods sold Gross margin Selling and administrative expenses $ 752 448 304 220 CD Prey 1 2 of 3 !!! Next 26 Check my w 1 $ 752 1 of 2 Weaver Company Income Statement For This Year Ended December 31 Sales Coat of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items Gain on sale of investments $ 6 Loss on sale of equipment 2) Income before taxes Inese taxes Net income 300 220 84 ts 88 23 Door During this year, Weaver sold some equipment for $19 that had cost $31 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $12 that had cost $6 when purchased several years ago. Weaver palda cash dividend this year and the company'repurchased $40 of its own stock. This year Weaver did not retire any bonds. Problem 13-7 Part 1 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.)