The comparative balance sheets for $2024$ and $2023$ and the income statement for $2024$ are given below for Arduous Company. Additional information from Arduous$$s accounting records is provided also.

ARDUOUS COMPANYComparative Balance SheetsDecember $31,2024$ and $2023($$ in millions$)20242023$Assets$$Cash$ $120$$ $87$Accounts receivable$196206$Investment revenue receivable$1410$Inventory$212206$Prepaid insurance$1219$Long$-$term investment$176131$Land$208156$Buildings and equipment$324406$Less: Accumulated depreciation$(103)(132)$Right$-$of$-$use asset$$building$820$Patent$3640$$ $1,277$$ $1,129$Liabilities$$Accounts payable$ $56$$ $77$Salaries payable$1422$Interest payable $($bonds$)1610$Income tax payable$1821$Deferred tax liability$2314$Notes payable$260$Lease liability$740$Bonds payable$221287$Less: Discount on bonds$(28)(30)$Shareholders$$ Equity$$Common stock$448416$Paid$-$in capital$$excess of par$10791$Preferred stock$810$Retained earnings$236221$Less: Treasury stock$(15)0$$ $1,277$$ $1,129$

ARDUOUS COMPANYIncome StatementFor Year Ended December $31,2024($$ in millions$)$Revenues and gain:$$Sales revenue$ $452$Investment revenue$20$Gain on sale of Treasury bills$4$$ $476$Expenses and loss:$$Cost of goods sold$186$Salaries expense$79$Depreciation expense$12$Amortization expense$4$Insurance expense$13$Interest expense$34$Loss on sale of equipment$27$Income tax expense$42397$Net income$$$ $79$

Additional information from the accounting records:

Investment revenue includes Arduous Company$$s $$14$ million share of the net income of Demur Company, an equity method investee.

Treasury bills were sold during $2024$ at a gain of $$4$ million. Arduous Company classifies its investments in Treasury bills as cash equivalents.

Equipment originally costing $$82$ million that was one$-$half depreciated was rendered unusable by a flood. Most major components of the equipment were unharmed and were sold for $$14$ million.

Temporary differences between pretax accounting income and taxable income caused the deferred tax liability to increase by $$9$ million.

The preferred stock of Tory Corporation was purchased for $$31$ million as a long$-$term investment.

Land costing $$52$ million was acquired by issuing $$26$ million cash and a $12\%,$ four$-$year, $$26$ million note payable to the seller.

At December $31,2024,$ the right to use a building was acquired with a $15-$year finance lease agreement; present value of lease payments, $$82$ million. Annual lease payments of $$8$ million are paid at the end of each year beginning in $2024.$

$$66$ million of bonds were retired at maturity.

In February, Arduous issued a stock dividend $(6\mathrm{.}4$ million shares$).$ The market price of the $$5$ par value common stock was $$7\mathrm{.}50$ per share at that time.

In April, $1$ million shares of common stock were repurchased as treasury stock at a cost of $$15\mathrm{.}00$ million. Required:

Prepare the statement of cash flows of Arduous Company for the year ended December $31,2024.$ Present cash flows from operating activities by the direct method.

Note: Do not round your intermediate calculations. 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.