Use the balance sheet and income statement below :

CLANCYS DOG BISCUIT CORPORATION Balance Sheet as of December 31, 2015 and 2014 (in millions of dollars)
Assets	2015			2014				Liabilities and Equity	2015			2014
Current assets:								Current liabilities:
Cash and marketable securities	$	3		$	3			Accrued wages and taxes	$	18		$	11
Accounts receivable		43			34			Accounts payable		31			29
Inventory		47			39			Notes payable		33			27
Total	$	93		$	76			Total	$	82		$	67
Fixed assets:								Long-term debt:	$	43		$	38
Gross plant and equipment	$	118		$	98			Stockholders equity:
Less: Depreciation		34			29			Preferred stock (2 million shares)	$	2		$	2
								Common stock and paid-in surplus
Net plant and equipment	$	84		$	69			(5 million shares)		11			11
Other long-term assets		32			32			Retained earnings		71			59
Total	$	116		$	101			Total	$	84		$	72
Total assets	$	209		$	177			Total liabilities and equity	$	209		$	177

CLANCYS DOG BISCUIT CORPORATION Income Statement for Years Ending December 31, 2015 and 2014 (in millions of dollars)

2015

2014

Net sales

$

116

$

120

Less: Cost of goods sold

58

54

Gross profits

$

58

$

66

Less: Other operating expenses

7

6

Earnings before interest, taxes depreciation, and amortization (EBITDA)

$

51

$

60

Less: Depreciation

5

5

Earnings before interest and taxes (EBIT)

$

46

$

55

Less: Interest

10

10

Earnings before taxes (EBT)

$

36

$

45

Less: Taxes

20

23

Net income

$

16

$

22

Less: Preferred stock dividends

$

1

$

1

Net income available to common stockholders

$

15

$

21

Less: Common stock dividends

3

3

Addition to retained earnings

$

12

$

18

Per (common) share data:

Earnings per share (EPS)

$

3.00

$

4.20

Dividends per share (DPS)

$

0.60

$

0.60

Book value per share (BVPS)

$

16.40

$

14.00

Market value (price) per share (MVPS)

$

17.05

$

17.40

Prepare a statement of cash flows for Clancys Dog Biscuit Corporation. (Enter your answers in millions of dollars. Amounts to be deducted should be indicated with a minus sign. Leave no cells blank - be certain to enter "0" wherever required.)

Statement of Cash Flows for Year Ending December 31, 2015 (in millions of dollars)
A. Cash flows from operating activities
(Click to select)Net lossNet income	$
Additions (sources of cash):
(Click to select)Increase in long-term debtDepreciationIncrease in accrued wages and taxesIncrease in notes payableIncrease in accounts payable
(Click to select)Increase in accrued wages and taxesIncrease in long-term debtIncrease in notes payableIncrease in accounts payableDepreciation
(Click to select)Increase in notes payableDepreciationIncrease in long-term debtIncrease in accrued wages and taxesIncrease in accounts payable
Subtractions (uses of cash):
(Click to select)Increase in accounts receivableIncrease in notes payableIncrease fixed assetsIncrease in long-term debtIncrease in inventory
(Click to select)Increase in accounts receivableIncrease in long-term debtIncrease in inventoryIncrease in notes payableIncrease fixed assets
Net cash flow from operating activities	$
B. Cash flows from investing activities
Subtractions:
(Click to select)DepreciationIncrease in accrued wages and taxesIncrease in accounts payableIncrease in fixed assetsIncrease in other long-term assets	$
(Click to select)Increase in fixed assetsIncrease in other long-term assetsIncrease in accounts payableIncrease in accrued wages and taxesDepreciation
Net cash flow from investing activities	$
C. Cash flows from financing activities
Additions:
(Click to select)Increase in accounts payableIncrease accrued wages and taxesIncrease in long-term debtIncrease in common and preferred stockIncrease in notes payable	$
(Click to select)Increase in long-term debtIncrease in common and preferred stockIncrease in notes payableIncrease accrued wages and taxesIncrease in accounts payable
(Click to select)Increase in notes payableIncrease in long-term debtIncrease in common and preferred stockIncrease in accounts payableIncrease accrued wages and taxes
Subtractions:
(Click to select)Increase accrued wages and taxesIncrease in accounts payableIncrease in other long-term assetsPreferred stock dividendsCommon stock dividends
(Click to select)Common stock dividendsIncrease in accounts payableIncrease in other long-term assetsIncrease accrued wages and taxesPreferred stock dividends
Net cash flow from financing activities	$
D. Net change in cash and marketable securities	$