"Be careful with that coffee!" Your roommate is staring in disbelief at the papers in front of her. "This was my contribution to our team project," she moaned. "When you spilled your coffee, it splashed on this page. Now I can't recognize some of these numbers, and Craig has my source documents." Knowing how important this afternoon's presentation is to your roommate, you're eager to see what can be done. "Let me see that," you offer. "I think we can figure this out." The statement of cash flows and income statement are intact. The reconciliation schedule and the comparative balance sheets are coffee casualties.

Required:
1. Determine the missing amounts.
2. Reconstruct the reconciliation of net income to cash flows from operating activities (operating cash flows using the indirect method).

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DISTINCTIVE INDUSTRIES Statement of Cash Flows For the Year Ended December 21, 2018 $ in millions) Cash Flows from Operating Activttles: Payment of general& administrative expenses (54) S 42 Cash Flows from Investing Actlvitles: equipment 120 Cash Flows from Flnancing Activitles: Net cash flows from financing activities 21 $183 Reconcilation of net Income to cash flows from operating actvitles: Adjustments for noncash items: Income Statement For the Year Ended December 21, 2018 $ in millions) $54 DISTINCTIVE INDUSTRIES Comparative Balance Sheets At December 31 (S in millions) 2018 $360 180 2017 Assets: Cash Accounts receivable (net) Inventory Property. plant, and equipment 252 450 600 Less: Accumulated depreciation Total assets Liabilitles and shareholders' equity Accounts payable General and administrative expenses payable Income taxes payable Common stock Retained earnings $120 27 90 27 720 690 141 Total liabilities and shareholders' equity