Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash and cash equivalents $ 21 $ 12 Accounts receivable 299 229 Inventory 156 195 Prepaid expenses 9 5 Total current assets 485 441 Property, plant, and equipment 508 430 Less accumulated depreciation (86 ) (70 ) Net property, plant, and equipment 422 360 Long-term investments 24 31 Total assets $ 931 $ 832 Liabilities and Stockholders' Equity Accounts payable $ 302 $ 224 Accrued liabilities 72 78 Income taxes payable 71 63 Total current liabilities 445 365 Bonds payable 199 170 Total liabilities 644 535 Common stock 163 200 Retained earnings 124 97 Total stockholders equity 287 297 Total liabilities and stockholders' equity $ 931 $ 832 Weaver Company Income Statement For This Year Ended December 31 Sales $ 751 Cost of goods sold 448 Gross margin 303 Selling and administrative expenses 218 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 25 Net income $ 64 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 $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.)