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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

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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 $ 7 Loss on sale of equipment Income before taxes Income taxes Not income 5800 500 306 213 87 3 1 27 $ 63 During this year, Weaver 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 510 that had cost $3 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $40 of its own stock. This yea Weaver did not retire any bonds. lequired: Using the Indirect method, determine the net cash provided by used in operating activities for this year. (List any deduction in utflows as negative amounts.)

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