225 Comparative Balance Sheets and some additional information for Red Company are given below. All figures in the table below are in millions of dollars. Red reports on a fiscal year ending December 31" Green Company Balance 2000 2001 Sheet as of Dec 31 Assets Cash 25 20 Accounts Receivable 45 90 Allowance for Bad Debts (15) (20) Merchandize Inventories 160 135 Land 200 Plant and Equipment 420 420 Accumulated Depreciation (160) (170) Total Assets 700 Liabilities and Equity Accounts Payable 30 20 Taxes Payable 0 15 Long term Debt 265 255 Contributed Capital Retained Earnings 90 Total Liabilities and Equity 675 700 675 290 330 80 Additional Information 1. Red's net income for calendar year 2001 was $50 million. 2. During 2001, Red sold plant and equipment with an original acquisition cost of $50 million at a loss of $10 million. 3. Red's depreciation expense for 2001 was $25 million. Prepare in good form Red's Cash Flow Statement for 2001