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Comparative financial statements for Weaver Company follow:

Weaver Company

Comparative Balance Sheet

at December $31$

This Year Last Year

Assets

Cash and cash equivalents $ $-23$ $ $12$

Accounts receivable $332231$

Inventory $152195$

Prepaid expenses $95$

Total current assets $470443$

Property, plant, and equipment $505426$

Less accumulated depreciation $8170$

Net property, plant, and equipment $424356$

Long$-$term investments $2935$

Total assets $ $923$ $ $834$

Liabilities and Stockholders' Equity

Accounts payable $ $302$ $ $224$

Accrued liabilities $7180$

Income taxes payable $7364$

Total current liabilities $446368$

Bonds payable $199172$

Total liabilities $645540$

Common stock $161201$

Retained earnings $11793$

Total stockholders$$ equity $278294$

Total liabilities and stockholders' equity $ $923$ $ $834$

Weaver Company

Income Statement

For This Year Ended December $31$

Sales $ $750$

Cost of goods sold $448$

Gross margin $302$

Selling and administrative expenses $219$

Net operating income $83$

Nonoperating items:

Gain on sale of investments $ $6$

Loss on sale of equipment $(2)4$

Income before taxes $87$

Income taxes $23$

Net income $ $64$

During this year, Weaver sold some equipment for $$18$ that had cost $$30$ and on which there was accumulated depreciation of $$10.$ In addition, the company sold long$-$term investments for $$12$ that had cost $$6$ when purchased several years ago. Weaver paid a cash dividend and repurchased $$40$ of its own stock but did not retire any bonds.

$2.$ Prepare a statement of cash flows for this year.

Note: Cash outflows and amounts to be deducted should be indicated with a minus sign