Comparative financial statements for Weaver Company follow:

Weaver Company Comparative Balance Sheet at December 31
	This Year				Last Year
Assets
Cash	$	23			$	13
Accounts receivable		294				229
Inventory		159				196
Prepaid expenses		9				5
Total current assets		485				443
Property, plant, and equipment		506				428
Less accumulated depreciation		(82	)			(70	)
Net property, plant, and equipment		424				358
Long-term investments		27				33
Total assets	$	936			$	834
Liabilities and Stockholders' Equity
Accounts payable	$	303			$	226
Accrued liabilities		73				79
Income taxes payable		73				64
Total current liabilities		449				369
Bonds payable		197				170
Total liabilities		646				539
Common stock		164				201
Retained earnings		126				94
Total stockholders equity		290				295
Total liabilities and stockholders' equity	$	936			$	834

Weaver Company Income Statement For This Year Ended December 31
Sales					$	755
Cost of goods sold						448
Gross margin						307
Selling and administrative expenses						219
Net operating income						88
Nonoperating items:
Gain on sale of investments	$	7
Loss on sale of equipment		(2	)			5
Income before taxes						93
Income taxes						24
Net income					$	69

During this year, Weaver sold some equipment for $19 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 $6 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $37 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.)