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 deduction in cash and cash outflows as negative amounts.$)$

$\backslash$table$[[$Weaver Company$],[$Statement of Cash Flows$],[$For This Year Ended December $31],[$Operating activities:$],[$Net cash provided by operating activities$],[$Investing activities:$],[,],[,],[,],[,],[,0],[$Financing activities:$],[$ssuance of bonds payable$],[,],[,],[?,],[,0],[,0],[$Beginning cash and cash equivalents$],[$Ending cash and cash equivalents,$$]]$ Required information

Problem $15-7($Algo$)$ Prepare a Statement of Cash Flows $[$LO$15-1,$ LO$15-2]$

$[$The following information applies to the questions displayed below.$]$

Comparative financial statements for Weaver Company follow:

During this year, Weaver sold some equipment for $$18$ that had cost $$30$ and on which there was accumulated

depreciation of $$10.$ In addition, the company sold long$-$term investments for $$13$ that had cost $$6$ when purchased several

years ago. Weaver paid a cash dividend this year and the company repurchased $$39$ of its own stock. This year Weaver

did not retire any bonds.

Problem $15-7$ Part $1($Algo$)$

Required:

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.$)$Required information Problem $15-7$ Part $1($Algo$)$

Required:

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.$)$

Answer is complete but not entirely correct.

$\backslash$table$[[$Weaver Company$],[$Statement of Cash Flows$-$Indirect Method $($partial$)],[$Net income,,,$Adjustments to convert net income to a cash basis:$],[$Gain on sale of investments,Loss on sale of equipment,,$20,,],[$Decrease in accrued liabilities,,$(9),,],[$Increase in accounts receivable,,$103\backslash$times $,,],[$Increase in accounts payable,,$75,,],[$Increase in prepaid expenses,,$3\backslash$times $,,],[$Increase in accounts payable,x$,75\backslash$times $,,],[$Decrease in accrued liabilities,x$,(9)\backslash$times $,,],[$Increase in income taxes payable,,$136\backslash$times $,,],[,,,369],[$Net cash provided by operating activities,$(,,$$$,435]]$

Problem $15-7($Algo$)$ Prepare a Statement of Cash Flows $[$LO$15-1,$ LO$15-2]$

$[$The following information applies to the questions displayed below.$]$

Comparative financial statements for Weaver Company follow:

During this year, Weaver sold some equipment for $$18$ that had cost $$30$ and on which there was accumulated

depreciation of $$10.$ In addition, the company sold long$-$term investments for $$13$ that had cost $$6$ when purchased several

years ago. Weaver paid a cash dividend this year and the company repurchased $$39$ of its own stock. This year Weaver

did not retire any bonds.