Comparative financial statements for Weaver Company follow:

Weaver Company Comparative Balance Sheet at December 31
	This Year	Last Year
Assets
Cash	$ 25	$ 12
Accounts receivable	292	231
Inventory	151	194
Prepaid expenses	9	5
Total current assets	477	442
Property, plant, and equipment	514	434
Less accumulated depreciation	(82)	(71)
Net property, plant, and equipment	432	363
Long-term investments	23	30
Total assets	$ 932	$ 835
Liabilities and Stockholders' Equity
Accounts payable	$ 303	$ 225
Accrued liabilities	72	79
Income taxes payable	74	65
Total current liabilities	449	369
Bonds payable	200	172
Total liabilities	649	541
Common stock	164	201
Retained earnings	119	93
Total stockholders equity	283	294
Total liabilities and stockholders' equity	$ 932	$ 835

Weaver Company Income Statement For This Year Ended December 31
Sales		$ 754
Cost of goods sold		449
Gross margin		305
Selling and administrative expenses		222
Net operating income		83
Nonoperating items:
Gain on sale of investments	$ 5
Loss on sale of equipment	(1)	4
Income before taxes		87
Income taxes		24
Net income		$ 63

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 $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.)

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.)