Weaver Company
Comparative Balance Sheet December 31, 2009 and 2008 Assets
2009 2008

Cash $ 9 $ 15

Accounts Receivable 340
240

Inventory
125 175

Prepaid expenses
10 6

Plant and Equipment
610 470

Less Accumulated Depreciation (93)
(85)

Long-term investments 16
19

Total Assets $1,017 $ 840

Liabilities and Stockholders' Equity
Accounts payable $ 310 $ 230

Accrued liabilities
60 72

Bonds payable
290 180

Deferred income taxes 40
34

Common stock 210
250

Retained earnings
107 74
Total Liabilities and stockholders' equity $1,017
$ 840
Weaver Company
Income Statement For the Year Ended December 31, 2009
Sales $800

Less Cost of Goods Sold 500

Gross Margin
300

Less operating expenses 213

Net operating income
87

Non-operating items

Gain on sale of investments $7

Loss on sale of equipment 4 3

Income before taxes
90

Less income taxes
27

Net income $ 63

During 2009, the company sold some equipment for $20 that had cost $40 and
on which there was accumulated depreciation of $16. In addition, the
company sold long-term investments for $10 that had cost $3 when purchased
several years ago. Cash dividends totaling $30 were paid during 2009.
Required:

1. Using the information above prepare a statement of cash flows for
2009.

2. Using the information from (1) above, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for 2009.