Required information The following information appies to the questions displayed below. Comparative financial statements for Weaver Company follow Part 1 of 2 3.33 Comparative Daiance Sheet 9 15 125175 Prepaid expenses Total current assets Property, plant, and equipeent Less socunalated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' Equity 310 5 230 Incose taxes payable Total current liabilities onds payable Total liabilities c mon s Retained earnings Total stockholders equity Total l1abilities and stockholdera equity51-017 Cost of goods sold Gross marg Selling and adninistrative expenses Net operating incone Nonoperat 213 ating items s 1413 Loss on sale of equipnent s 63 During this year, Weaver sold some equipment for $20 that had cost $40 and on which there was accumulsted depreciation of $16. In addition, the company sold long-term investments for $10 that had cost $3 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $40 of its own stock. This year Weaver did not retire any bonds did hotreture dny 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 outflows as negative amounts.) Weaver Company Statement of Cash Flows-Indirect Method (partial) Prev