Use the balance sheet and income statement below to construct a statement of cash flows for 2016 for Clancy's Dog BiscuitCorp.

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Clancy's Dog Biscuit Corporation Balance Sheet as of December 31, 2015 and 2016 (in millions of dollars) 2015 2016 2015 2016 Assets Current assets: Cash and Liabilities & Equity Current liabilities: Accrued marketable secunties wages and S 5 S 5 taxes S 6 $ 10 15 16 13 14 S 34 S 40 Long-term debt: S53 S57 Accounts Accounts 19 20 payable receivable Inventory 29 36 Notes payable Total 53 6 Total Fixed assets: Gross plant and Stockholders' equity: equipment 88 $106 Preferred stock Less. Depreciation 15 (2 million shares) and equipment 77 91 Common Net plant stock and paid-in surplus (5 million shares) Other long-term Retained 15 15 earnings 45 57 S 58 $ 70 assets Total 92 $106 Total Total Total liabilities ssets 145 $167 and equity $145 $167 Clancy's Dog Biscuit Corporation Income Statement for Years Ending December 31. 2015 and 2016 (in millions of dollars) 2015 2016 $80 $76 Net sales Less: Cost of goods sold Gross profits Less: Depreciation and other operating expenses Earnings before interest and taxes (EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes Net income 4 4 37 32 4 28 32 10 23 $22 $16 S 1 15 Less: Preferred stock dividends Net income available to common stockholders Less: Common stock dividends Addition to retained earnings 21 $18 $12