Prepare a statement of cash flows—indirect method. The financial statements of Pouchie Co. included the following information for the year ended December 31, 2013 (amounts in millions):

Depreciation and amortization expense . . . . . . . . . . . . . . . . . . . $260

Cash dividends declared and paid . . . . . . . . . . . . . . . . . . . . . . . 330

Purchase of equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 820

Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 384

Beginning cash balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120

Proceeds of common stock issued . . . . . . . . . . . . . . . . . . . . . . 148

Proceeds from sale of building (at book value) . . . . . . . . . . . . . . 212

Accounts receivable increase . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

Ending cash balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40

Inventory decrease . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38

Accounts payable increase . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44

Required:

Complete the following statement of cash flows, using the indirect method: