Problem 13-7 (Algo) Prepare a Statement of Cash Flows [LO13-1, LO13-2]

Comparative financial statements for Weaver Companv follow: 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 $39 of its own stock. This year Weaver did not retire any bonds. 2. Using the information from Part 1, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows or this year. (List any deduction in cash and cash outflows as negative amounts.)