Required information {The following Information applies to the questions displayed below} IComparative financial statements for Weaver Company follow: weaver Company Comparative Balance Sheet at December 31 This Tear Last Year Assets Cash $ 23 $ 13 Accounts receivable 291 229 Inventory 155 194 Prepaid expenses 9 5 Total current assets 423 441 Property, plant, and equipment 511 432 Less accumulated depreciation 555} \"32] Net propertyJ plantJ and equipment 431 355 Longterm investments 29 35 Total assets $ 933 $ 335 Liabilities and Stockholders' Equity Accounts payable 5 355 $ 225 Accrued liabilities 21 29 Income taxes payable ?5 54 Total current liabilities 451 359 Bonds payable 195 125 Total liabilities 54? 539 Common stock 155 251 Retained earnings 121 95 Total stockholders'I equity 235 29? Total liabilities and stockholders' equity $ 933 $ 335 Weaver Company Income Statement For This Year Ended December 31 Sales $ ?56 Cost of goods sold 44? Gross margin 363 Selling and administrative expenses 222 Net operating income 81 Nonoperating items: Gain on sale of investments $ ? Loss on sale of equipment :23 5 Income before taxes 85 Income taxes 25 Net income 3 51 During this year, 1ii'v'eaver 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 $13 that had cost $6 when purchased several years ago. Weaver paid a cash dividend this year and the companyr repurchased $36 of its own stock. This year Weaver did not retire any 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 and cash outflows as negative amounts.) Weaver Company Statement of Cash Flows-Indirect Method (partial) C 0