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Required Information [The following Information applles to the questions displayed below.] Comparative financlal statements for Weaver Company follow: During this year, Weaver sold some equipment

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Required Information [The following Information applles to the questions displayed below.] Comparative financlal statements for Weaver Company follow: During this year, Weaver sold some equipment for $19 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 this year and the company repurchased $40 of Its own stock. This year Weaver did not retlre any bonds. eculred: Using the Indirect method, determine the net cash provided by/used In operating activitles for this year. (Llst any deductlon In cash nd cash outflows as negatlve amounts.) 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. (Llst any deduction In cash and cash outflows as negatlve amounts.)

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