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	$	49	$	79
Accounts receivable		645		580
Inventory		660		615
Total current assets		1,354		1,274
Property, plant, and equipment		1,515		1,466
Less accumulated depreciation		765		641
Net property,plant, and equipment		750		825
Total assets	$	2,104	$	2,099
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	250	$	155
Accrued liabilities		190		165
Income taxes payable		76		70
Total current liabilities		516		390
Bonds payable		450		620
Total liabilities		966		1,010
Stockholders' equity:
Common stock		161		161
Retained earnings		977		928
Total stockholders' equity		1,138		1,089
Total liabilities and stockholders' equity	$	2,104	$	2,099

Burgess Company Income Statement (dollars in millions)
Sales	$	3,600
Cost of goods sold		2,550
Gross margin		1,050
Selling and administrative expenses		875
Net operating income		175
Nonoperating items: Gain on sale of equipment		3
Income before taxes		178
Income taxes		63
Net income	$	115

Burgess also provided the following information:

1.	The company sold equipment that had an original cost of $13 million and accumulated depreciation of $8 million. The cash proceeds from the sale were $8 million. The gain on the sale was $3 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.)