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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 $ $-18$ $ $13$

Accounts receivable $332229$

Inventory $150196$

Prepaid expenses $95$

Total current assets $473443$

Property, plant, and equipment $508429$

Less accumulated depreciation $8271$

Net property, plant, and equipment $426358$

Long$-$term investments $2734$

Total assets $ $926$ $ $835$

Liabilities and Stockholders' Equity

Accounts payable $ $302$ $ $225$

Accrued liabilities $7178$

Income taxes payable $7265$

Total current liabilities $445368$

Bonds payable $198171$

Total liabilities $643539$

Common stock $162201$

Retained earnings $12195$

Total stockholders$$ equity $283296$

Total liabilities and stockholders' equity $ $926$ $ $835$

Weaver Company

Income Statement

For This Year Ended December $31$

Sales $ $755$

Cost of goods sold $448$

Gross margin $307$

Selling and administrative expenses $222$

Net operating income $85$

Nonoperating items:

Gain on sale of investments $ $5$

Loss on sale of equipment $(2)3$

Income before taxes $88$

Income taxes $23$

Net income $ $65$

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 $$7$ when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $$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 for this year. $($List any deduction in cash and cash outflows as negative amounts.$)$