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Callaway Golf Corporation is an American global sports equipment manufhcturing company that designs, manufactures, markets and sells golf equipment, more specifically clubs and balls. The

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Callaway Golf Corporation is an American global sports equipment manufhcturing company that designs, manufactures, markets and sells golf equipment, more specifically clubs and balls. The chief accountant for Callaway Golf provides you with the company's 2021 statement of cash flows and income statement. The accountant has asked for your help with some missing figures in the company's comparative balance sheets. These financial statements are shown next ( S in millions). CACIAWAY GOTF CORPORATION Income Statement For the Year Ended December 31, 2021 Sales revenue Cost of goods sold Gross profit $883454 Operating expenses: General and administrative expense $20 Depreciation expense 12 Total operating expenses Operating income 2232 Other income: Gain on sale of investments Income before income taxes Income tax expense Net income 87$29 Calculate the molsing amounts. (Amounts to ben deducted should be indicated withi a minus sign. Enter your answern in rrikions (i,e, 10,000,000 should be entered iss 10).) Prepare the operating activities section of Grandview's 2021 statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (L.e., 10,000,000 should be entered as 10).)

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