The this year. plant, and equipment during this year. The company did not repurchase any of its own stock Required a cash dividend. There were no sales of property. 1. Using the indirect method, prepare a statement of cash flows for this year. 2 Compute Carmono's free cash flow for this year. PROBLEM 14-7 Prepare a Statement of Cash Flows LO14-1, LO14-2 Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 connect This Year Last Year Assets Cash and cash equivalents Accounts receivable $ 9 $ 15 340 240 Inventory 125 175 Prepaid expenses 10 6 Total current assets. 484 436 Property, plant, and equipment 610 470 Less accumulated depreciation 93 85 Net property, plant, and equipment 517 385 Long-term investments: 16 19 Total assets $1,017 $840 Liabilities and Stockholders' Equity $ 310 $230 Accounts payable 60 72 Accrued liabilities... 40 34 Income taxes payable 410 336 Total current liabilities 290 180 Bonds payable Total liabilities Common stock 700 516 210 250- 107 74 Retained earnings 317 324 Total stockholders' equity $1,017 $840 Total liabilities and stockholders' equity.