You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the company paid $81 million in current taxes and had an interest expense of $38 million. Use the accounting statement of cash flows to construct the financial statement of cash flows.

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Operations Net income Depreciation Deferred taxes Changes in assets and liabilities Accounts receivable Inventories Accounts payable Accrued expenses Other Total cash flow from operations TIME MANUFACTURING Statement of Cash Flows (in millions) $187 74 11 -12 15 11 -6 S 2 $282