Comparative financial statements for Weaver Company follow:

Weaver Company Comparative Balance Sheet at December 31
	This Year				Last Year
Assets
Cash	$	-2			$	11
Accounts receivable		306				230
Inventory		160				194
Prepaid expenses		8				6
Total current assets		472				441
Property, plant, and equipment		507				427
Less accumulated depreciation		(85	)			(70	)
Net property, plant, and equipment		422				357
Long-term investments		29				35
Total assets	$	923			$	833
Liabilities and Stockholders' Equity
Accounts payable	$	303			$	225
Accrued liabilities		71				77
Income taxes payable		73				64
Total current liabilities		447				366
Bonds payable		196				172
Total liabilities		643				538
Common stock		160				200
Retained earnings		120				95
Total stockholders equity		280				295
Total liabilities and stockholders' equity	$	923			$	833

Weaver Company Income Statement For This Year Ended December 31
Sales					$	751
Cost of goods sold						449
Gross margin						302
Selling and administrative expenses						219
Net operating income						83
Nonoperating items:
Gain on sale of investments	$	6
Loss on sale of equipment		(1	)			5
Income before taxes						88
Income taxes						23
Net income					$	65

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 $12 that had cost $6 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $40 of its own stock. This year Weaver did not retire any bonds.

2. Using the information in (1) above, 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.)

Weaver Company Statement of Cash Flows For This Year Ended December 31 Operating activities: Investing activities: Financing activities: Beginning cash and cash equivalents Ending cash and cash equivalents