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		294				229
Inventory		152				195
Prepaid expenses		8				5
Total current assets		473				441
Property, plant, and equipment		515				435
Less accumulated depreciation		(80	)			(70	)
Net property, plant, and equipment		435				365
Long-term investments		24				31
Total assets	$	932			$	837
Liabilities and Stockholders' Equity
Accounts payable	$	302			$	225
Accrued liabilities		73				80
Income taxes payable		71				65
Total current liabilities		446				370
Bonds payable		197				171
Total liabilities		643				541
Common stock		164				200
Retained earnings		125				96
Total stockholders equity		289				296
Total liabilities and stockholders' equity	$	932			$	837

Weaver Company Income Statement For This Year Ended December 31
Sales					$	751
Cost of goods sold						445
Gross margin						306
Selling and administrative expenses						221
Net operating income						85
Nonoperating items:
Gain on sale of investments	$	6
Loss on sale of equipment		(2	)			4
Income before taxes						89
Income taxes						24
Net income					$	65

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 $13 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.)