Use the balance sheet and income statement below to con- struct a statement of cash flows for 2013 for Clancy's Dog Biscuit Corp. (LG 20-4) Clancy's Dog Biscuit Corporation Balance Sheet as of December 31, 2012 and 2013 (in millions of dollars) 2012 2013 2012 2013 Liabilities & Equity Assets Current assets: Current liabilities: Cash and Accrued marketable wages and securities $5 $5 taxes $ 6 $ 10 Accounts Accounts receivable Inventory 29 29 19 20 payable 15 16 36 Notes payable 13 14 Total Fixed assets: Gross plant and equipment $ 53 $ 61 Total Long-term debt: Stockholders' equity: Preferred stock $ 34 S 40 $ 53 $ 57 $ 88 $106 Less: Depreciation 11 15 (2 million Net plant shares) and equipment $ 77 $ 91 Common stock and $2 $ 2 paid-in surplus (5 million shares) 11 11 Other long-term assets 15 15 Retained earnings 45 57 Total Total $ 92 $106 Total Total liabilities $ 58 $ 70 assets $145 $167 and equity $145 $167 Clancy's Dog Biscuit Corporation Income Statement for Years Ending December 31, 2012 and 2013 (in millions of dollars) 2012 2013 Net sales Less: Cost of goods sold Gross profits $ 80 $76 39 44 41 32 Less: Depreciation and other operating expenses Earnings before interest and taxes (EBIT) 4 4 37 28 Less: Interest 5 5 Earnings before taxes (EBT) 32 23 Less: Taxes 10 7 Net income $22 $ 16 Less: Preferred stock dividends $1 $ 1 Net income available to common stockholders 21 15 Less: Common stock dividends 3 3 Addition to retained earnings $ 18 $ 12