Please answer both questions and clearly show all work.

Please answer both questions and clearly show all work.

Comparative financial statements for Weaver Company follow: 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 $12 that had cost $7 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $41 of its own stock. This year Weaver did not retire any bonds. Required: 1. Using the indirect method, determine the net cash provided by/used in operating activities for this year. (List any deduction in cash and cash outflows as negative amounts.) Comparative financlal statements for Weaver Company follow: During this year, Weaver sold some equipment for $18 that had cost $30 and on which there was accumulated depreclation of $10. In addition, the company sold long-term Investments for $12 that had cost $7 when purchased several years ago. Weaver pald a cash dividend this year and the company repurchased $41 of Its own stock. This year Weaver did not retire any bonds. 2. Using the Information from Part 1, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for this year. (List any deductlon In cash and cash outflows as negatlve amounts.)