Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash $ -6 $ 11 Accounts receivable 309 229 Inventory 158 195 Prepaid expenses 8 5 Total current assets 469 440 Property, plant, and equipment 510 431 Less accumulated depreciation (85 ) (71 ) Net property, plant, and equipment 425 360 Long-term investments 28 34 Total assets $ 922 $ 834 Liabilities and Stockholders' Equity Accounts payable $ 301 $ 224 Accrued liabilities 72 79 Income taxes payable 71 64 Total current liabilities 444 367 Bonds payable 200 171 Total liabilities 644 538 Common stock 162 201 Retained earnings 116 95 Total stockholders equity 278 296 Total liabilities and stockholders' equity $ 922 $ 834 Weaver Company Income Statement For This Year Ended December 31 Sales $ 750 Cost of goods sold 450 Gross margin 300 Selling and administrative expenses 223 Net operating income 77 Nonoperating items: Gain on sale of investments $ 6 Loss on sale of equipment (1 ) 5 Income before taxes 82 Income taxes 22 Net income $ 60 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 $12 that had cost $6 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $39 of its own stock. This year Weaver did not retire any bonds.

1. Using the indirect method, prepare a statement of cash flows for this year.

2. Compute Carmonos free cash flow for this year.