Weaver Company Comparative Balance Sheet at December 31 this Year Last Year 5 32 295 $ 13 230 196 445 426 (20) 356 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 Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $832 efel eetle 1 " $224 364 535 201 297 5832 $ 754 Weaver Company Income Statement For This Year Ended December 31 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating Items: Gain on sale of investments 56 Loss on sale of equipment Incone before taxes Income taxes Net Income 307 220 87 is 91 23 $ 68 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 1 (Algo) 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 Required: 1. Using the indirect method, determine the net cash provided by/used in and cash outflows as negative amounts.) Weaver Company Statement of Cash Flows--Indirect Method (partial) $