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Complete the statement of cash flows

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Reference no: EM133012339

Question - The financial statements of Pouchie Co. included the following information for the year ended December 31, 2019 (amounts in millions):

Depreciation and amortization expense $130

Cash dividends declared and paid 165

Purchase of equipment 410

Net income 192

Beginning cash balance 60

Proceeds of common stock issued 74

Proceeds from sale of building (at book value) 106

Accounts receivable increase 8

Ending cash balance 20

Inventory decrease 19

Accounts payable increase 22

Required - Complete the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated by a minus sign. Enter your answers in millions.

Reference no: EM133012339

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