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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
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 $18 that had cost $31 and on which there was accumulated depreclation of $10. In addition, the company sold iong-term Investments for $13 that had cost \$7 when purchased severa! years ago. Weaver pald a cash dividend this year and the company repurchased $39 of lts own stock. This year Weaver did not retire any bonds. Using the information from Part 1, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows or this year. (List any deduction in cash and cash outflows as negative 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. (List any deductlon in cash and cash outflows as negative amounts.)
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