Required information [The following information applies to the questions displayed below.] Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Last Year Year Assets $-10 $ 11 Cash 306 228 Accounts receivable Inventory 158 195 Prepaid expenses 9 6 463 440 Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment 516 436 (85) (70) 431 366 26 32 Long-term investments $ 920 $838 Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities $ 302 $226 70 78 73 64 Income taxes payable Total current liabilities 445 368 Bonds payable 196 171 641 539 Total liabilities 162 202 Common stock Retained earnings 117 97 279 299 Total stockholders' equity $ 920 $838 Total liabilities and stockholders' equity Weaver Company Income Statement For This Year Ended December 31 $ 752 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items: 449 303 223 80 Gain on sale of investments $ 6 Loss on sale of equipment (3) 3 Income before taxes 83 23 Income taxes $ 60 Net income During this year, Weaver sold some equipment for $18 that had cost $31 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 this year and the company repurchased $40 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-Ind irect Method (partial) 0 0