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Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash Accounts receivable Inventory prepaid expenses Total current assets Property, plant, and
Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash Accounts receivable Inventory prepaid expenses Total current assets Property, plant, and equipment \begin{tabular}{rr} $30 & $13 \\ 293 & 229 \\ 151 & 195 \\ 8 & 5 \\ \hline 482 & 442 \\ \hline 507 & 428 \end{tabular} Less accumulated depreciation Net property, plant, and equipnent Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities \begin{tabular}{rr} (83) & (71) \\ \hline 424 & 357 \\ \hline 26 & 33 \\ \hline$932 & $832 \\ \hline \end{tabular} Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{rr} $301 & $225 \\ 72 & 78 \\ 73 & 64 \\ \hline 446 & 367 \\ 199 & 172 \\ \hline 645 & 539 \\ \hline 164 & 200 \\ 123 & 93 \\ \hline 287 & 293 \\ \hline$932 & $832 \\ \hline \end{tabular} Weaver Company Income Statement For This Year Ended December 31 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 $13 that had cost $7 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $36 of its own stock. This year Weaver did not retire any bonds. Using the information from Part 1, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows or this year. (List any deduction in cash and cash outflows as negative amounts.)
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