Comparative financial statements for Weaver Company follow:

Weaver Company Comparative Balance Sheet at December 31
	This Year	Last Year
Assets
Cash	$ 23	$ 12
Accounts receivable	295	230
Inventory	152	194
Prepaid expenses	8	6
Total current assets	478	442
Property, plant, and equipment	506	427
Less accumulated depreciation	(80)	(70)
Net property, plant, and equipment	426	357
Long-term investments	26	33
Total assets	$ 930	$ 832
Liabilities and Stockholders' Equity
Accounts payable	$ 302	$ 225
Accrued liabilities	72	77
Income taxes payable	72	65
Total current liabilities	446	367
Bonds payable	200	171
Total liabilities	646	538
Common stock	164	200
Retained earnings	120	94
Total stockholders equity	284	294
Total liabilities and stockholders' equity	$ 930	$ 832

Weaver Company Income Statement For This Year Ended December 31
Sales		$ 752
Cost of goods sold		450
Gross margin		302
Selling and administrative expenses		219
Net operating income		83
Nonoperating items:
Gain on sale of investments	$ 5
Loss on sale of equipment	(2)	3
Income before taxes		86
Income taxes		24
Net income		$ 62

During this year, Weaver sold some equipment for $18 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 $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.)

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.)