ay help is much appreciated!

A comparative balance sheet and an income statement for Burgess Company are given below: Burgess Company Comparative Balance Sheet (dollars in millions) Ending Beginning Balance Balance Assets Current assets: Cash and cash equivalents Accounts receivable Inventory 47 $ 720 97 660 642 690 Total current assets 1,457 1,399 Property, plant, and equipment Less accumulated depreciation 1,585 1,556 675 818 Net property,plant, and equipment 767 881 Total assets $2,224 $2,280 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Income taxes payable $ 276 $ 168 188 162 80 93 Income taxes payable 93 80 Total current liabilities Bonds payable 557 455 410 089 Total liabilities 1,012 1,090 Stockholders' equity: Common stock Retained earnings 185 185 1,027 1,005 Total stockholders' equity 1,212 1,190 Total liabilities and stockholders' equity $2,224 $2,280 Burgess Company Income Statement (dollars in millions) Sales Cost of goods sold $3,940 2,700 Gross margin Selling and administrative expenses 1,240 896 Burgess Company Income Statement (dollars in millions) Sales Cost of goods sold $3,940 2,700 Gross margin Selling and administrative expenses 1,240 896 Net operating income Nonoperating items: Gain on sale of equipment 344 2 Income before taxes Income taxes 346 128 $ 218 Net income Burgess also provided the following information: 1. The company sold equipment that had an accumulated depreciation of $15 million. The cash proceeds from the sale were $15 million. The gain 2. The company did not issue any new bonds during the year. 3. The company paid a cash dividend during the year. 4. The company did not complete any common stock transactions during the year original cost of $28 million and on the sale was $2 million. Required: 1. Using the indirect method, prepare a statement of cash flows for the year. (Enter your answers in millions not in dollars. List any deduction in cash and cash outflows as negative amounts.) Burgess Company Statement of Cash Flows Operating activities: Adjustments to convert net income to cash basis: 0 Investing activities: Investing activities: Financing activities: Beginning cash and cash equivalents C Ending cash and cash equivalents