PROBLEM $15-14$ Prepare a Statement of Cash Flows LO$15-1,$ LO$15-2,$ LO$15-3,$ LO$15-4,$ LO$15-5$ Comparative financial statements for Weaver Company follow:

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 $$3$ when purchased several years ago. Weaver paid a cash dividend and repurchased $$40$ of its own stock but did not retire any bonds.

Required:

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

Prepare a statement of cash flows for this year.