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Problem 21-14 (Algo) Statement of cash flows; Indlrect method; Ilmited Information [LO21-4, 21-8] The comporative bolance sheets for 2024 and 2023 are given below for Surmise Compony. Net income for 2024 wos $64 million. Required: Prepore the statement of cash flows of Surmise Compony for the yeor ended December 31, 2024. Use the indirect method to present cosh flows from opereting ectivities because you do not hove sufficient informotion to use the direct method. You will need to make ressonable assumptions concerning the ressons for changes in some sccount bolances. A spresdsheet or T-eccount anslysis will be helpful. (Hlint: The right to use o building wos scquired with o seven-yesr lesse sgreement. Annusl lesse poyments of $10 million are poid at Jonuery 1 of each year sterting in 2024.) Note: Enter your answers in millions (I.e., 10,000,000 should be entered as 10). Amounts to be deducted should be Indicated with a minus sign. The comporative belance sheets for 2024 and 2023 and the statement of income for 2024 are given below for Dux Compeny. Additionsl information from Dux's accounting records is provided also. Additional information from the occounting records: a. A building that originally cost $64,000, and which was three-fourths depreciated, was sold for $7,000. b. The common stock of Byrd Corporation wos purchased for $5,000 os a long-term investment. c. Property wos acquired by issuing a 13%, seven-year, $33,000 note poyable to the seller. d. New equipment was purchased for $24,000 cosh. e. On Janusry 1, 2024, bonds were sold at their $28,000 face volue. f. On Jonuary 19, Dux issued a 5% stock dividend (1,000 shares). The market price of the $10 por value common stock was $14 per share at that time. 9. Cash dividends of $16,000 were paid to shareholders. h. On November 12,12,500 shares of common stock were repurchased as treasury stock at a cost of $8,000. Required: Prepare the statement of cash flows for Dux Compony using the indirect method. Note: Amounts to be deducted should be Indicated with a mInus sign. Enter your answers In thousands (I.e., 10,000 should be entered as 10)