Comparative financial statements for Weaver Company follow:

Weaver Company Comparative Balance Sheet at December 31
	This Year	Last Year
Assets
Cash	$ 32	$ 11
Accounts receivable	293	231
Inventory	151	195
Prepaid expenses	8	6
Total current assets	484	443
Property, plant, and equipment	509	430
Less accumulated depreciation	(82)	(72)
Net property, plant, and equipment	427	358
Long-term investments	25	32
Total assets	$ 936	$ 833
Liabilities and Stockholders' Equity
Accounts payable	$ 303	$ 224
Accrued liabilities	73	77
Income taxes payable	74	64
Total current liabilities	450	365
Bonds payable	199	172
Total liabilities	649	537
Common stock	164	200
Retained earnings	123	96
Total stockholders equity	287	296
Total liabilities and stockholders' equity	$ 936	$ 833

Weaver Company Income Statement For This Year Ended December 31
Sales		$ 752
Cost of goods sold		450
Gross margin		302
Selling and administrative expenses		221
Net operating income		81
Nonoperating items:
Gain on sale of investments	$ 6
Loss on sale of equipment	(1)	5
Income before taxes		86
Income taxes		23
Net income		$ 63

During this year, Weaver sold some equipment for $19 that had cost $30 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $13 that had cost $7 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $36 of its own stock. his year Weaver did not retire any bonds.

2. Using the information from Part 1, 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: Financing activities: Beginning cash and cash equivalents Ending cash and cash equivalents