Comparative balance sheets for 2021 and 2020, a statement of income for 2021, and additional information from the accounting records of Red, Inc., are provided below.

RED, INC. Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions)
	2021				2020
Assets
Cash	$	26			$	114
Accounts receivable		203				134
Prepaid insurance		11				6
Inventory		289				177
Buildings and equipment		384				352
Less: Accumulated depreciation		(121	)			(242	)
	$	792			$	541
Liabilities
Accounts payable	$	90			$	104
Accrued liabilities		10				15
Notes payable		52				0
Bonds payable		161				0
Shareholders Equity
Common stock		402				402
Retained earnings		77				20
	$	792			$	541

RED, INC. Statement of Income For Year Ended December 31, 2021
($ in millions)
Revenues
Sales revenue				$	2,010
Expenses
Cost of goods sold	$	1,439
Depreciation expense		41
Operating expenses		421			1,901
Net income				$	109

Additional information from the accounting records:

1. During 2021, $212 million of equipment was purchased to replace $180 million of equipment (90% depreciated) sold at book value.
2. In order to maintain the usual policy of paying cash dividends of $52 million, it was necessary for Red to borrow $52 million from its bank.

Required: Prepare the statement of cash flows of Red, Inc., using the direct method to report operating activities. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)