Comparative financial statements for Weaver Company follow:

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 $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.

Question: 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 Comparative Balance Sheet at December 31 Assets This Year Last Year Cash 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 Stockholdersi Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total 1iabilities Conmon stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{rr} $23 & $12 \\ 295 & 230 \\ 152 & 194 \\ 8 & 6 \\ \hline 478 & 442 \\ \hline 515 & 435 \\ 83 & 71 \\ \hline 432 & 364 \\ \hline 25 & 31 \\ \hline$935 & $837 \\ \hline$803 & $225 \\ 72 & 86 \\ 74 & 64 \\ \hline 449 & 369 \\ 199 & 171 \\ \hline 648 & 540 \\ \hline 165 & 282 \\ 122 & 95 \\ \hline 287 & 297 \\ \hline$935 & $837 \\ \hline \end{tabular} Weaver Company Income Statement For This Year Ended December 31 vveaver company Statement of Cash Flows - Indirect Method (partial)