Comparative balance sheets for 2024 and 2023 , a statement of income for 2024 , and additional information from the accounting records of Red, Incorporated, are provided below: Additional information from the accounting records: a. During 2024, $235 million of equipment was purchased to replace $180 million of equipment (85\% depreciated) sold at book value. b. In order to maintain the usual policy of paying cash dividends of $65 million, it was necessary for Red to borrow $65 million from its bank. Additional information from the accounting records: a. During 2024 , $235 million of equipment was purchased to replace $180 million of equipment (85\% depreciated) sold at book value. b. In order to maintain the usual policy of paying cash dividends of $65 million, it was necessary for Red to borrow $65 million from its bank. Required: Prepare the statement of cash flows of Red, Incorporated, for the year ended December 31, 2024, using the direct method to report operating activities. Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10 ). Cash outflows should be indicated with a minus sign