Comparative balance sheets for 2022 and 2021, a statement of income for 2022, and additional information from the accounting records of Red, Inc., are provided below. RED, INC. Comparative Balance Sheets December 31, 2022 and 2021 ($ in millions) 2022 2021 Assets Cash $ 31 $ 150 Accounts receivable 255 239 Prepaid insurance 6 2 Inventory 215 100 Buildings and equipment 492 357 Less: Accumulated depreciation (126 ) (247 ) $ 873 $ 601 Liabilities Accounts payable $ 85 $ 114 Accrued liabilities 5 9 Notes payable 32 0 Bonds payable 148 0 Shareholders Equity Common stock 407 407 Retained earnings 196 71 $ 873 $ 601 RED, INC. Statement of Income For Year Ended December 31, 2022 ($ in millions) Revenues Sales revenue $ 2,200 Expenses Cost of goods sold $ 1,500 Depreciation expense 23 Operating expenses 520 2,043 Net income $ 157 Additional information from the accounting records: During 2021, $315 million of equipment was purchased to replace $180 million of equipment (80% depreciated) sold at book value. In order to maintain the usual policy of paying cash dividends of $32 million, it was necessary for Red to borrow $32 million from its bank. Required: Prepare the statement of cash flows for Red, Inc., using the indirect method to report operating activities. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)