Statement of Cash Flow Weaver Company For This Year Ended December 31 Income Statement Sales... Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items: Gain on sale of investments Loss on sale of equipment Income before taxes Income taxes Net income $7 $800 500 300 213 87 (4) 3 649 90 27 $63 During this year, Weaver sold some equipment for $20 that had cost $40 and on which there was accu- plated depreciation of $16. In addition, the company sold long-term investments for $10 that had cost 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. Aquired Using the indirect method, determine the net cash provided by operating activities for this year. Using the information in (1) above, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for this year. OLFM 13-8 Classification of Transactions