Apple Corporation has placed a term loan request with its lender and submitted the following balance sheet entries for the year just concluded and the pro forma balance sheet expected by the end of the current year. Fill in the numbers for the pro forma Statement of Cash Flows for the current year using the consecutive balance sheets and some additional needed information. The forecast net income for the current year is $207 million with $43 million being paid out in dividends. The depreciation expense for the year will be $96 million and planned expansions will require the acquisition of $298 million in fixed assets at the end of the current year. Liabilities and Equity Projected for the End of the Current Year $1,049 2,900 Cash Accounts receivable Inventarios Net fored assets Other assets Grape Corporation (all amounts in millions of dollars) Assets at the Assets Projected Liabilities and Equity End of the Most for the End of the at the End of the Recent Year Current Year Most Recent Year S423 S 500 Accounts payable $ 950 1,018 1,210 Nates payable 2.733 894 Taxes payable 327 2.740 2,940 Long-term debt 872 obligations 66 87 Common stock 85 Undivided profits 263 $5,141 $5,710 Total abilities and S5230 equity capital 973 216 1,072 65 438 $5,790 Total assess The Sources and Uses of Funds Statement for Grape Corporation would appear as follows: (Fill in the numbers for the shaded cells. No need to show work.) ? 2 ? 2 Cash Flows from Operations Net income Add: depreciation Less: increase in accounts receivable Less: increase in inventories Less: increase in other assets Add: increase in accounts payable Less: decrease in tax payable Net cash flow from operations Cash Flows from Investment Activities Acquisition of fixed assets Net cash flow from investment activities Cash Flows from Financing Activities Increase in notes payable Increase in long-term debt Less: dividends paid Net Cash Flows from Financing Activities Increase (Decrease) in Cash ? ? 3