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Comparative financial statements for the weaver company are as follows: Using the direct method, adjust the company's income for 2015 to a cash basis. Using

Comparative financial statements for the weaver company are as follows:
Using the direct method, adjust the company's income for 2015 to a cash basis. image text in transcribed
image text in transcribed
Using the information above, along with the remaining balance sheet accounts, prepare a statement of cash flows for 2015.
image text in transcribed
Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet December 31, 2015 and 2014 2015 2014 $ 13 29 650 185 Accounts receivable 250 Prepaid expenses Total current assets 683 710 100 Property, plant, and equipment Net property, plant, and equipment 610 510 Long-term investments 50 Total assets $ 1,470 $ 1,243 Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable $ 420 S300 70 Total current liabilities Bonds payable 410 Total liabilties 760 Common stock Retained eamings 288 195 400 Total stockholders equity 483 Total liabilities and stockholders' equity $ 1,470 $1,243 Income Statement

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