Question: The comperative balance sheets for 2 0 2 4 and 2 0 0 3 and the income statement for 2 0 2 4 are given

The comperative balance sheets for 2024 and 2003 and the income statement for 2024 are given below for Arduous Company. Additional information from Ardusus's accounting records is provided also.
\table[[HBUDUS CONFWY Comparative Balance Sheets Secenter 31,2t24 and 2003( $ in sillions)],[,204,2823],[Avsets],[Cash,1130,1.4],[Accounts receisuble,. 285,224],[Investement revenve receisative,23,19],[Invertisy,222,215],[Prepaid insurance,21,2 t],[Long-ters inveltaent,283,148],[Land,226,185],[Bollesings and equipment,315,435],[Lessi Actumvated depreciation,(17),(15*)],[kight-4t-vie assit-building,180,8],[Pytam,45,47],[,51,301,12.299],[Limbinies],[Acesurits Bayable,545,55],[Saturies purable,23,33],[Interest Bapable (bonds),25,18],[15000e tas paysile,27,32],[Geferred sam liability,41,23],[Enteri paribis,31,.],[Lase tabstity,52,.],[Bowst parabile,330,34],[Shareheleters' Equity,(37),(46)],[Comesh state,475,48],[Paid-is sapizal-tacess of py-,,],[Preferted Mack,125,toe],[,50,8],[Retained earning,24,213],[Lesst Treasy stack,(28),7]]equivalents.
c. Cifulpment originally costing $100mllion that was one-hall depreciated was rendered un sable by a flood. Most major componants of the equlpment were unharmed and were sold for $20 million.
d. Temporary differences between pretax accounting income and tasable income classed the deferred las llablity to increase by $18 million.
e. The preferred seck of Tory Corporation was purchased for $40 million as a longlem investment.
9. At Deceriber 31,2024, the right to use a building was acgulsed with a 15 year fluace lease agreement present value of lease payments, $100 million. Annual lease payments of $8 million are paid at the end of each pear beginning in 2024.
h. $75 million of bonds weee retired at maturity. per share at that time.
Required:
Prepare the sulpement of cash flows of Arduous Company for the year ended December 3)2024. Present cash flows from operabing activities by the direct method.
Note: De net round your intermediate calculations. Enter your answers in mallions [a,50,000,000 should be entered as 10]. Ameunts the lee defutted should be indicated with a minus sign.
\table[[AEDUOUS CONPWY],[Statemest off Cubis Flues],[For yeer ended December 31,2024 S in seificure;],[Caph figen flun seensting scivities:,,],[Cash influes:,,],[,,],[,,],[,,],[,,],[,,],[Conh Buttive,,]]
Prev
9010
NeverIf Aprk, 1 million shares of common stock were repurchased as treasuy stack at a cost of $24.00 million.
Required:
Prepare the stabement of cash flows of Arduous Company for the year ended December 3L 2024. Present clush flows from operating activities by the direct method. Robounts to be dedocted should be indicated with a miniss sign.
\table[[\table[[ARDWOUS CONFWMY],[Slatement eal Canh Flew:]]],[],[],[Canh How hom operating actulties:,,],[Cavh inlluet:,,],[,,],[,,],[,,],[,,],[,,],[Cavelsouthow:,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,]]
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eptionI. In April, 1 million shaves of common stock were repurchased as treasury stack as a cost of $24.00 million,
Required:
Prepare the statement of cash flows of Arduous Company for the year ended December 34,2024. Phesent cash flows from operating activities by the direct method.
Nohe: Do not reund your intermediate calculations. Inter your answers in millions [a,10,000,000 should be entered as 10]. Amousts to be defutted should be indicated with a minus slige.
\table[[ARDUCUS CONPNUY],[Statumest at Cush Flows],[Far pur anded December 31,2934(in rellions)],[Cauh flown flom operating activities,],[Cauh intose:,],[,],[,],[,],[,],[,],[Caubinathow:,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,]]
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Never\table[[,,],[,,],[,,],[,,],[Neel cash flows fom aperating activities,,],[Cash flows from investing activities:,,],[,,],[,,],[,,],[,,],[Neil cash flows fom inwating activities,,],[Cash flows from fluarcing activities:,,],[,,],[,,],[,,],[,,],[,,],[,,],[Aver cails fows from fluncing acivities,,],[Neel herease (devease) in cauh,,],[Cash talarce Jahuey 1,,],[Cauh batance, Bucenter 31,,],[Noncauh investire and fluancing activities:,,],[,,],[,,],[,,],[,,]]
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The comperative balance sheets for 2 0 2 4 and 2

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