The following information applies to the questions displayed below.J Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment $ 18 297 158 9 482 505 $ 12 230 196 443 426 (70) (86) Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity 419 27 $928 356 $832 $ 305 71 72 448 199 647 162 119 281 Total liabilities and stockholders' equity $ 928 $225 63 365 170 535 201 96 297 $832 Weaver Company Income Statement For This Year Ended December 31 $753 447 306 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items 84 Gain on sale of investments (3)3 87 25 $ 62 Loss on sale of equipment Income before taxes Income taxes 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 $39 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)