Comparative financial statements for Weaver Company follow:

Weaver Company Comparative Balance Sheet at December 31
	This Year				Last Year
Assets
Cash	$	16			$	12
Accounts receivable		291				231
Inventory		153				196
Prepaid expenses		9				5
Total current assets		469				444
Property, plant, and equipment		508				428
Less accumulated depreciation		(82	)			(70	)
Net property, plant, and equipment		426				358
Long-term investments		28				34
Total assets	$	923			$	836
Liabilities and Stockholders' Equity
Accounts payable	$	300			$	226
Accrued liabilities		72				79
Income taxes payable		71				65
Total current liabilities		443				370
Bonds payable		199				171
Total liabilities		642				541
Common stock		164				201
Retained earnings		117				94
Total stockholders equity		281				295
Total liabilities and stockholders' equity	$	923			$	836

Weaver Company Income Statement For This Year Ended December 31
Sales					$	751
Cost of goods sold						447
Gross margin						304
Selling and administrative expenses						223
Net operating income						81
Nonoperating items:
Gain on sale of investments	$	6
Loss on sale of equipment		(3	)			3
Income before taxes						84
Income taxes						24
Net income					$	60

During this year, Weaver sold some equipment for $18 that had cost $31 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 $37 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.)