Question: Use the batance sheet and income statement below Prepare a statement of cash flows for Clancy's Dog Biscuit Corporation. (Enter your answers in millions of


Use the batance sheet and income statement below Prepare a statement of cash flows for Clancy's Dog Biscuit Corporation. (Enter your answers in millions of dollars. Amounts to be deducted should be indicated with a minus sign.) \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Statement of Cash Flows for Year Ending December 31, 2021 } \\ \hline Cash flows from operating activities \\ \hline Net income & \\ \hline Additions (sources of cash): & \\ \hline Depreciation & \\ \hline Increase in accounts payable & \\ \hline Increase in accrued wages and taxes & \\ \hline Subtractions (uses of cash): & \\ \hline Increase in accounts receivable & \\ \hline Increase in inventory & \\ \hline Net cash flow from operating activities & \\ \hline Cash flows from investing activities & \\ \hline Subtractions: & \\ \hline Increase in fixed assets & \\ \hline & \\ \hline Net cash flow from investing activities \\ \hline Cash flows from financing activities \\ \hline Additions: \\ \hline Increase in long-term debt \\ \hline \end{tabular}
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