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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	$	41	$	85
Accounts receivable		660		606
Inventory		660		618
Total current assets		1,361		1,309
Property, plant, and equipment		1,525		1,502
Less accumulated depreciation		782		657
Net property,plant, and equipment		743		845
Total assets	$	2,104	$	2,154
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	264	$	162
Accrued liabilities		182		168
Income taxes payable		81		74
Total current liabilities		527		404
Bonds payable		425		620
Total liabilities		952		1,024
Stockholders' equity:
Common stock		155		155
Retained earnings		997		975
Total stockholders' equity		1,152		1,130
Total liabilities and stockholders' equity	$	2,104	$	2,154

Burgess Company Income Statement (dollars in millions)
Sales	$	3,760
Cost of goods sold		2,580
Gross margin		1,180
Selling and administrative expenses		884
Net operating income		296
Nonoperating items: Gain on sale of equipment		2
Income before taxes		298
Income taxes		116
Net income	$	182

Burgess also provided the following information:

1.	The company sold equipment that had an original cost of $16 million and accumulated depreciation of $9 million. The cash proceeds from the sale were $9 million. The gain on the sale was $2 million.
2.	The company did not issue any new bonds during the year.
3.	The company paid a cash dividend during the year.
4.	The company did not complete any common stock transactions during the year.

Required:
1.	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

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