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Comparative financial statements for Weaver Company follow:

Weaver Company Comparative Balance Sheet December 31, 2014 and 2013
	2014		2013
Assets
Cash	$	5	$	12
Accounts receivable		308		229
Inventory		158		195
Prepaid expenses		9		6
Total current assets		480		442
Property, plant, and equipment		515		437
Less accumulated depreciation		(85)		(71)
Net property, plant, and equipment		430		366
Long-term investments		24		30
Total assets	$	934	$	838
Liabilities and Stockholders' Equity
Accounts payable	$	305	$	225
Accrued liabilities		70		80
Income taxes payable		73		64
Total current liabilities		448		369
Bonds payable		198		172
Total liabilities		646		541
Common stock		164		201
Retained earnings		124		96
Total stockholders equity		288		297
Total liabilities and stockholders' equity	$	934	$	838

Weaver Company Income Statement For the Year Ended December 31, 2014
Sales			$	755
Cost of goods sold				448
Gross margin				307
Selling and administrative expenses				223
Net operating income				84
Nonoperating items:
Gain on sale of investments	$	7
Loss on sale of equipment		(2)		5
Income before taxes				89
Income taxes				24
Net income			$	65

During 2014, 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. A cash dividend was paid during 2014 and the company repurchased $37 of its own stock. Weaver did not retire any bonds during 2014.

2.

Required:
1.	Using the indirect method, determine the net cash for operating activities for 2014. (Negative amount should be entered with a minus sign.)

3.

2.	Using the information in (1) above, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for 2014. (List any deduction in cash and cash outflows as negative amounts.)

4.

Required:
1.	Using the indirect method, determine the net cash for operating activities for 2014. (Negative amount should be entered with a minus sign.)

5.

2.	Using the information in (1) above, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for 2014. (List any deduction in cash and cash outflows as negative amounts.)

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