Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash $ 26 $ 13 Accounts receivable 293 230 Inventory 152 194 Prepaid expenses 9 6 Total current assets 480 443 Property, plant, and equipment 511 432 Less accumulated depreciation (83 ) (70 ) Net property, plant, and equipment 428 362 Long-term investments 24 31 Total assets $ 932 $ 836 Liabilities and Stockholders' Equity Accounts payable $ 303 $ 225 Accrued liabilities 72 78 Income taxes payable 72 65 Total current liabilities 447 368 Bonds payable 196 171 Total liabilities 643 539 Common stock 165 201 Retained earnings 124 96 Total stockholders equity 289 297 Total liabilities and stockholders' equity $ 932 $ 836 Weaver Company Income Statement For This Year Ended December 31 Sales $ 755 Cost of goods sold 449 Gross margin 306 Selling and administrative expenses 221 Net operating income 85 Nonoperating items: Gain on sale of investments $ 6 Loss on sale of equipment (3 ) 3 Income before taxes 88 Income taxes 24 Net income $ 64 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 $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. 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.)