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Problem 15-7 (Algo) Prepare a Statement of Cash Flows [LO15-1, LO15-2] [The following information applies to the questions displayed below.) Comparative financial statements for Weaver

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Problem 15-7 (Algo) Prepare a Statement of Cash Flows [LO15-1, LO15-2] [The following information applies to the questions displayed below.) Comparative financial statements for Weaver Company follow: Weaver Company Comparativo Balance Sheet at December 31 This Year Last Year $ 12 230 194 Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 18 292 153 9 472 509 (82) 427 25 $ 924 6 442 430 (1) 359 32 $833 $ 302 73 72 447 197 644 164 116 $225 77 64 366 172 538 201 94 295 280 $ 924 $833 Weaver Company Income Statement For This Year Ended December 31 Sales Cost of goods sold $ 753 450

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