Reference no: EM132506187

Harper Outdoor Furniture, Inc. has net cash flows from operating activities for the last year of $353 million. The income statement shows that net income is $304 million and depreciation expense is $59 million. During the year, the change in inventory on the balance sheet was $51 million, the change in accrued wages and taxes was $28 million, and the change in accounts payable was $33 million. At the beginning of the year the balance of accounts receivable was $41 million. Calculate the end-of-year balance for accounts receivable. (Enter your answer in millions.)