A comparative balance sheet and an income statement for Burgess Company are given below:

Burgess Company Comparative Balance Sheet (dollars in millions)
	Ending Balance		Beginning Balance
Assets
Current assets:
Cash and cash equivalents	$	54	$	111
Accounts receivable		790		723
Inventory		725		670
Total current assets		1,569		1,504
Property, plant, and equipment		1,655		1,619
Less accumulated depreciation		860		696
Net property,plant, and equipment		795		923
Total assets	$	2,364	$	2,427
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	290	$	175
Accrued liabilities		195		155
Income taxes payable		107		87
Total current liabilities		592		417
Bonds payable		490		750
Total liabilities		1,082		1,167
Stockholders' equity:
Common stock		220		220
Retained earnings		1,062		1,040
Total stockholders' equity		1,282		1,260
Total liabilities and stockholders' equity	$	2,364	$	2,427

Burgess Company Income Statement (dollars in millions)
Sales	$	4,150
Cost of goods sold		2,840
Gross margin		1,310
Selling and administrative expenses		910
Net operating income		400
Nonoperating items: Gain on sale of equipment		2
Income before taxes		402
Income taxes		142
Net income	$	260

Burgess also provided the following information:

1.	The company sold equipment that had an original cost of $42 million and accumulated depreciation of $22 million. The cash proceeds from the sale were $22 million. The gain on the sale was $2 million.
2.	The company did not issue any new bonds during the year.
3.	The company paid a cash dividend during the year.
4.	The company did not complete any common stock transactions during the year.

Required:
1.	Using the indirect method, prepare a statement of cash flows for the year. (Enter your answers in millions not in dollars . List any deduction in cash and cash outflows as negative amounts.)