Statement of cash flows relations. Selected data from the statement of cash flows for Delta Airlines for Year 2, Year 3, and Year 4 appear below (amounts in millions):

a. Prepare a statement of cash flows for Delta Airlines for the three years using the format in Exhibit 1.3.

b. Comment on the relation among cash flows from operating, investing, and financing activities during the three years.

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Year 2 Year 3 Year 4 Inflows of Cash Increase in Short-term Debt Issue of Long-term Debt Issue of Common Stock Increase in Cash from Operations Sale of Property and Equipment $ 746 ? 0 0 $ 975 0 12,196 12,528 87 103 2,313 0 $ 1,127 10,519 43 Outflows of Cash Acquisition of Property and Equipment. 3,082 1,414 ? Decrease in Short-term Debt ... 0 801 0 Decrease in Long-term Debt 794 519 547 Dividends..... Decrease in Cash for Operations Increase (Decrease) in Cash 89 138 120 ? 11,519 11,204 (713) 1,130 122