CLANCY'S DOG BISCUIT CORPORATION

Income Statement for Years Ending December $31,2021$ and $2020$

$($in millions of dollars$)$

Net sales

Less: Cost of goods sold

Gross profits

Less: Other operating expenses

Earnings before interest, taxes, depreciation,

and amortization $($EBITDA$)$

Less: Accumulated depreciation $(2018)$

Earnings before interest and taxes $($EBIT$)$

Less: Interest

Earnings before taxes $($EBT$)$

Less: Taxes

Net income

Less: Preferred stock dividends

Net income available to common stockholders

Less: Common stock dividends

Addition to retained earnings

Per $($common$)$ share data:

Earnings per share $($EPS$)$

Dividends per share $($DPS$)$

Book value per share $($BVPS$)$

Market value $($price$)$ per share $($MVPS$)$

Prepare a statement of cash flows for Clancy's Dog Biscuit Corporation. $($Enter your answers in millions of dollars. Amounts to be

deducted should be indicated with a minus sign.$)$