Com parative nancial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Last Year Year Assets $ Cash 26 $ 12 Accounts receivable 337 228 Inventory 151 194 Prepaid expenses 8 5 Total current assets 470 439 Property, plant, and equipment 515 436 Less accumulated depreciation 81 72 Net property, plant, and equipment 434 364 Longterm investments 26 32 Total assets 93: $ 335 Liabilities and stockholders' Equity Accounts payable 30% $ 226 Accrued liabilities 71 78 Income taxes payable 73 64 Total current liabilities 445 368 Bonds payable 196 171 Total liabilities 641 539 Common stock 163 266 Retained earnings 126 96 Total stockholders' equity 289 296 Total liabilities and stockholders' $ $ 835 equity 939 Weaver Company Income Statement For This Year Ended December 31 $ Sales 753 Cost of goods sold 448 Gross margin 365 Selling and administrative 218 expenses Net operating income 87 Nonoperating items: Gain on sale of investments $ 6 Loss on sale of equipment (2} 4 Income before taxes 91 Income taxes 24 Net income $ 57 During this year. Weaver sold some equipmentfor $18 that had cost $30 and on which there was accumulated depreciation of $10. In addition. the company sold longterm investments for $12 that had cost $6 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $37 of its own stock. This year Weaver did not retire any bonds. 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 (partial) O O