Weaver Company Comparative Balance Sheet at December 31
	This Year				Last Year
Assets
Cash and cash equivalents	$	16			$	12
Accounts receivable		296				230
Inventory		157				195
Prepaid expenses		9				6
Total current assets		478				443
Property, plant, and equipment		505				427
Less accumulated depreciation		(85	)			(71	)
Net property, plant, and equipment		420				356
Long-term investments		28				34
Total assets	$	926			$	833
Liabilities and Stockholders' Equity
Accounts payable	$	304			$	226
Accrued liabilities		70				78
Income taxes payable		71				64
Total current liabilities		445				368
Bonds payable		196				171
Total liabilities		641				539
Common stock		163				201
Retained earnings		122				93
Total stockholders equity		285				294
Total liabilities and stockholders' equity	$	926			$	833

Weaver Company Income Statement For This Year Ended December 31
Sales					$	752
Cost of goods sold						447
Gross margin						305
Selling and administrative expenses						219
Net operating income						86
Nonoperating items:
Gain on sale of investments	$	7
Loss on sale of equipment		(2	)			5
Income before taxes						91
Income taxes						24
Net income					$	67

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 $6 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. 2. Using the information in (1) above, 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.)