Comparative financial statements for Weaver Company follow:

Weaver Company

Comparative Balance Sheet

at December $31$

This Year Last Year

Assets

Cash $ $-38$ $ $13$

Accounts receivable $339228$

Inventory $152196$

Prepaid expenses $95$

Total current assets $462442$

Property, plant, and equipment $514436$

Less accumulated depreciation $8271$

Net property, plant, and equipment $432365$

Long$-$term investments $2632$

Total assets $ $920$ $ $839$

Liabilities and Stockholders' Equity

Accounts payable $ $301$ $ $226$

Accrued liabilities $7279$

Income taxes payable $7165$

Total current liabilities $444370$

Bonds payable $195171$

Total liabilities $639541$

Common stock $163202$

Retained earnings $11896$

Total stockholders$$ equity $281298$

Total liabilities and stockholders' equity $ $920$ $ $839$

Weaver Company

Income Statement

For This Year Ended December $31$

Sales $ $751$

Cost of goods sold $449$

Gross margin $302$

Selling and administrative expenses $222$

Net operating income $80$

Nonoperating items:

Gain on sale of investments $ $6$

Loss on sale of equipment $(2)4$

Income before taxes $84$

Income taxes $23$

Net income $ $61$

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 $$6$ when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $$39$ of its own stock. This year Weaver did not retire any bonds.

$2.$ 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.$)$