e kept$)$ has been destroyed by fire. So your first job will be to recreate the firm's cash flow statement for the year just ended. The $100,000$ in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. It illion in net income during the year but paid $$700,000$ in dividends to common shareholders. Throughout the year, the firm purchas fillion of property, plant, and equipment $-$ the majority having a useful life of more than $20$ years and falling under the alternative ystem. You have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $$440,000.$ The rice for the property, plant, and equipment represents additions before depreciation. Finally, you have determined that the only fina y the firm was to issue long$-$term debt of $$1$ million at a $6\%$ interest rate. What was the firm's end$-$of$-$year cash balance? Recreate ash flow statement to arrive at your answer. Write out your answer completely. For example, $5$ million should be entered as $5,000,0$ your answer to the nearest dollar, if necessary.