Brief Exercise $21-11($Algo$)$ Indirect method $[$LO$21-4]$

points

Sanders Awnings reported net income of $$98\mathrm{.}5$ million. Included in that number were depreciation expense of $$1\mathrm{.}6$ million and a loss

on the sale of equipment of $$3\mathrm{.}5$ million. Records reveal increases in accounts receivable, accounts payable, and inventory of $$2\mathrm{.}6$

million, $$3\mathrm{.}6$ million, and $$2\mathrm{.}6$ million, respectively.

Required:

What were Sanders' cash flows from operating activities?

Note: Cash outflows should be indicated with a minus sign. Enter your answers in millions rounded to $1$ decimal place $($i$.$e$.,$

$5,500,000$ should be entered as $5\mathrm{.}5).$