Problem 15-7 (Static) Prepare a Statement of Cash Flows [LO15-1, LO15-2] [The following information applies to the questions displayed below.] Comparative financial statements for Weaver Company follow: During this year, Weaver sold some equipment for $20 that had cost $40 and on which thre 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. 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. Problem 15-7 Part 1 Required: Using the indirect method, determine the net cash provided by/used in operating activities for this year. (List any deduction in cash sutflows as negative amounts.)