Prepare an Cash Flow statement using the indirect method. Please show work. It will help me learn better.

mparative balance sheets for 2021 and 2020, a statement of income for 2021, and additional information from accounting records of Red, Inc., are provided below. RED, INC. Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions) 2021 2020 Assets Cash Accounts receivable Prepaid insurance Inventory Buildings and equipment Less: Accumulated depreciation $ 24 178 7 285 400 (119) $ 775 $ 110 132 3 175 350 (240) $ 530 Liabilities Accounts payable Accrued llabilities Notes payable Bonds payable Shareholders' Equity Common stock Retained earnings $ 87 6 50 160 $100 11 0 0 400 72 400 19 $ 775 $ 530 RED, INC. Statement of Income For Year Ended December 31, 2021 ($ In millions) Revenues Sales revenue $2,000 Expenses Cost of goods sold $1,400 Depreciation expense 50 Operating expenses 447 1,897 Net Income $ 103 Additional information from the accounting records: a. During 2021, $230 million of equipment was purchased to replace $180 million of equipment (95% depreci- ated) sold at book value. b. In order to maintain the usual policy of paying cash dividends of $50 million, it was necessary for Red to bor- row $50 million from its bank