Prepare a statement of cash flows (using the indirect method) for the Midland Manufacturing Corporation for the year ending December 2016, based on the following comparative balance sheets. Midland Manufacturing Corporation Comparative Balance Sheets (in Millions of Dollars)* December 31, 2015 December 31, 2016 Assets Current assets: Cash $ 4.9 $ 0.8 Accounts receivable, net 7.2 7.5 Inventories 13.8 14.5 Total current assets $ 25.9 $ 22.8 Property and equipment $ 80.7 $115.0 Less: Accumulated depreciation 16.3 25.8 Net property and equipment $ 64.4 $ 89.2 Total Assets $ 90.3 $112.0 Liabilities and Stockholders Equity Current liabilities: Accounts payable $ 8.0 $ 9.5 Other current liabilities 6.0 8.2 Total current liabilities $ 14.0 $ 17.7 Long-term debt 18.8 31.8 Deferred federal income taxes 1.2 1.4 Stockholders equity: Common stock $ 3.0 $ 3.0 Additional paid-in capital 29.0 29.0 Retained earnings 24.3 29.1 Total stockholders equity $ 56.3 $ 61.1 Total liabilities and stockholders equity $ 90.3 $112.0 *Net income for the year ended December 31, 2016, totaled $8.3 million; dividends paid during the same period totaled $3.5 million; $2.0 million of long-term debt was retired in 2016; and fixed assets were sold during 2016 for $1.0 million