A comparative balance sheet and an income statement for Burgess Company are given below: Burgess Company Comparative Balance Sheet $($dollars in millions$)$ Ending Balance Beginning Balance Assets Current assets: Cash and cash equivalents $ $40$ $ $83$ Accounts receivable $650597$ Inventory $655614$ Total current assets $1,3451,294$ Property, plant, and equipment $1,5151,493$ Less accumulated depreciation $776654$ Net property,plant, and equipment $739839$ Total assets $ $2,084$ $ $2,133$ Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ $262$ $ $161$ Accrued liabilities $181169$ Income taxes payable $7973$ Total current liabilities $522403$ Bonds payable $420610$ Total liabilities $9421,013$ Stockholders' equity: Common stock $150150$ Retained earnings $992970$ Total stockholders' equity $1,1421,120$ Total liabilities and stockholders' equity $ $2,084$ $ $2,133$ Burgess Company Income Statement $($dollars in millions$)$ Sales $ $3,730$ Cost of goods sold $2,560$ Gross margin $1,170$ Selling and administrative expenses $882$ Net operating income $288$ Nonoperating items: Gain on sale of equipment $2$ Income before taxes $290$ Income taxes $114$ Net income $ $176$ Burgess also provided the following information: The company sold equipment that had an original cost of $$14$ million and accumulated depreciation of $$8$ million. The cash proceeds from the sale were $$8$ million. The gain on the sale was $$2$ million. The company did not issue any new bonds during the year. The company paid a cash dividend during the year. The company did not complete any common stock transactions during the year. Required: Using the indirect method, prepare a statement of cash flows for the year. $($Enter your answers in millions not in dollars. List any deduction in cash and cash outflows as negative amounts.$)$