During this year, Weaver sold some equipment for $$20$ that had cost $$40$ and on which there was accumulated depreciation of $$16.$ In addition, the company sold long$-$term investments for $$10$ 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 year Weaver did not retire any bonds.

Required:

Using the indirect method, determine the net cash provided by operating activities for this year.

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.

PROBLEM $15-8$ Classification of Transactions LO$15-1$

Below are severaid transactions that took place in Seneca Company last year:

a$.$ Paid supplers for inventory purchases.

b$.$ Bought eqripment for cash.

c$.$ Paid cash to repurchase its own stock.

d$.$ Collected cash from customers.

e$.$ Paid wages to employees.

f$.$ Equipment was sold for cash.

g$.$ Common stock was sold for cash to investors.

h$.$ Cash dividends were declared and paid.

i$.$ A long$-$term loan was made to a supplier.

j$.$ Income taxes were paid to the government.

k$.$ Interest was paid to a lender.

Bonds were retired by paying the principal amount due.

Required:

Prepare an answer sheet with the following headings:

$\backslash$table$[[$Transaction$,$Activity,$\backslash$table$[[$Cash$],[$Inflow$]],\backslash$table$[[$Cash$],[$Outflow$]]],[$Operating$,$Investing,Financing$]]$

a$.$

b$.$

Etc.