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During this year, Weaver sold some equipment for $ 1 9 that had cost $ 3 1 and on which there was accumulated depreciation of

During this year, Weaver sold some equipment for $19 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 and repurchased $37 of its own stock but did not retire any bonds.Required:1. Using the indirect method, determine the net cash provided by/used in operating activities for this year.Note: Cash outflows and amounts to be deducted should be indicated with a minus sign.
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