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Accounting

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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 longterm investments for $12 that had cost $7 when purchased several years ago. Weaver pald a cash dividend this year and the company repurchased $40 of iss own stock. This year Weaver did not retre any bonds. Required: 1. Using the indirect method, determine the net cash provided by/used in operating activives for this year. (List any deduction in cash and cash outflows as negative amounts.)

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