Weaver Company Comparative Balance sheet at December 31 This Year Last Year $ 32 295 153 $ 13 230 196 445 426 Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property. plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Acered liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Canon stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 488 505 (82) 423 24 $935 356 $8.32 ***** - Jederal ale $ 305 71 71 447 299 646 163 126 289 $ 935 $224 77 63 364 171 535 201 96 297 $832 Weaver Company Income Statement For This Year Ended December 31 Sales Coat of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating itens Gain on sale of investments Los on sale of equipment Income before taxes Income taxes Net Income $ 754 447 307 220 87 56 (2) 4 91 23 $ se During this year, Weaver sold some equipment for $18 that had cost $30 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $13 that had cost $7 when purchased several years ago Weaver paid a cash dividend this year and the company repurchased $38 of its own stock. This year Weaver did not retire any bonds Problem 15-7 Part 2 (Algo) 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 deduction in cash and cash outflows as negative amounts.) Weaver Company Statement of Cash Flows For This Year Ended December 31 Weaver Company Statement of Cash Flows For This Year Ended December 31 Operating activities: Investing activities: 0 Financing activities: 0 0 Beginning cash and cash equivalents Ending cash and cash equivalents $ 0