Part 1 of 2 35 oints 196 Required information [The following information applies to the questions displayed below) Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 Thi Year Last Year Assets Cash $ 10 5 13 Accounts receivable 294 230 Inventory 152 Prepaid expenses 9 5 Total current assets 423 444 Property, plant, and equipment 509 430 Lass accumulated depreciation (10 (20) Net property, plant, and equipment 428 359 Long-term investments 23 30 Total suste 5924 $83) Liabilities and stockholders' Equity Mecounts payable $ 301 $225 Mccrued liabilities 70 79 To taxes payable 22 6 Total current liabilities 443 368 Bonds payable 198 120 Total liabilities 641 538 Common stock 162 200 Retained earnings 121 95 Total stockholders' equity 283 295 Total liabilities and stockholders' equity $.924 $933 art 1 of 2 Weaver Company Tocan Statement Tar This Team Tnded December 21 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating Items Gain on sala of investments Loss on sale of equipment Income before taxes Income taxe Net Income $750 446 304 221 03 75 Ants 2) eBook 87 23 564 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 $38 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.) plane Weaver Company Statement of Cash Flows-Indirect Method (partial)