Comparative financial statements for Weaver Company follow: Heaver Company Comparative Balance Sheet at December 31 This Year Last Year $ 5 296 156 8 475 598 (85) 423 25 $ 923 $ 12 229 195 6 442 439 (71) 359 32 $833 Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and quipment Less accumulated depreciation Het property, plant, and quipment Lore-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' uity Total liabilities and stockholders' quity $ 384 79 72 446 199 645 161 117 278 $ 923 $224 78 63 365 171 536 20 292 95 297 $833 Heaver Company Income Statement For This Year Ended December 31 Sales Cost of goods sold Gross margin Selling and administrative expenses Het operatsire income Honoperating it ons: Gain on sale of investments Loss on sale of equipment Income before taxes Income taxes Het income $ 754 448 396 229 86 $ 5 (3) 2 88 25 $ 63 During this year, Weaver sold some equipment for $18 that had cost $31 and on which there was accumulated depredation of $10. In addition, the company sold long-term Investments for $12 that had cost $7 when purchased several years ago. Weaver paid a cash diidend this year and the company repurchased $41 of its own stock. This year Weaver did not retire any bonds 2 Using the Information In (1) above, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for this year. (List any deduction In cash and cash outflows as negative amounts.) Weaver Company Statement of Cash Flows For This Year Ended December 31 Operating activities: Investing activities D Financing activities D D Beginning cash and cash equivalents Ending cash and cash equivalents $ D