Comparative financial statements for Weaver Company follow:

Weaver Company Comparative Balance Sheet at December 31
	This Year	Last Year
Assets
Cash	$ -19	$ 12
Accounts receivable	338	229
Inventory	152	194
Prepaid expenses	9	6
Total current assets	480	441
Property, plant, and equipment	507	429
Less accumulated depreciation	80	70
Net property, plant, and equipment	427	359
Long-term investments	26	32
Total assets	$ 933	$ 832
Liabilities and Stockholders' Equity
Accounts payable	$ 303	$ 226
Accrued liabilities	71	79
Income taxes payable	73	64
Total current liabilities	447	369
Bonds payable	199	171
Total liabilities	646	540
Common stock	162	200
Retained earnings	125	92
Total stockholders equity	287	292
Total liabilities and stockholders' equity	$ 933	$ 832

Weaver Company Income Statement For This Year Ended December 31
Sales		$ 754
Cost of goods sold		447
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	(1)	6
Income before taxes		94
Income taxes		23
Net income		$ 71

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 $13 that had cost $6 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $38 of its own stock. This year Weaver did not retire any bonds.

2. Prepare a statement of cash flows for this year. (List any deduction in cash and cash outflows as negative amounts.)

\begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Weaver Company } \\ \multicolumn{1}{|c|}{ For This Year Ended December 31 } \\ \hline Operating activities: & & \\ \hline Investing activities: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Financing activities: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}