Following are the income statements and balance sheets of Best Buy Co$.,$ Inc.

Income Statement,

Fiscal Years Ended $($$ millions$)2012$

Estimated Feb. $26,$

$2011$

Revenue $$52,534$ $$50,272$

Cost of goods sold $39,29537,611$

Restructuring charges $-$ cost of goods sold $--24$

Gross profit $13,23912,637$

Selling, general and administrative expenses $10,76910,325$

Restructuring charges $--198$

Goodwill and tradename impairment $----$

Operating income $2,4702,114$

Other income $($expenses$)$

Investment income and other $5151$

Interest expense $(87)(87)$

Earnings before income tax expense and equity in income of affiliates $2,4342,078$

Income tax expense $837714$

Equity in income of affiliates $22$

Net earnings including noncontrolling interests $1,5991,366$

Net earnings attributable to noncontrolling interests $(120)(89)$

Net earnings attributable to Best Buy Co$.,$ Inc. $$1,479$ $$1,277$

Balance Sheet

$($$ millions$)2012$

Estimated Feb. $26,$

$2011$

Assets

Cash and cash equivalents $$1,156$ $$1,103$

Short$-$term investments $88322$

Receivables $2,4692,348$

Merchandise inventories $6,1465,897$

Other current assets $1,1561,103$

Total current assets $11,81010,473$

Gross property and equipment $8,6937,905$

Less accumulated depreciation $5,0314,082$

Net property and equipment $3,6623,823$

Goodwill $2,4542,454$

Tradenames, Net $108133$

Customer Relationships, Net $165203$

Equity and Other Investments $328328$

Other assets $473435$

Total assets $ $19,000$ $ $17,849$

Liabilities and Equity

Accounts payable $ $5,096$ $ $4,894$

Unredeemed giftcard liabilities $473474$

Accrued compensation and related expenses $578570$

Accrued liabilities $1,5231,471$

Accrued income taxes $263256$

Short$-$term debt $557557$

Current portion of long$-$term debt $37441$

Total current liabilities $8,5278,663$

Long$-$term liabilities $1,1831,183$

Long$-$term debt $674711$

Best Buy Co$.,$ Inc. Shareholders' Equity

Preferred stock, $ $1\mathrm{.}00$ par value: Authorized$-400,000$ shares; Issued and outstanding$-$none $----$

Common stock $$0\mathrm{.}10$ par value: Authorized$-1\mathrm{.}0$ billion shares; Issued and outstanding$-392,590,000$ and $418,815,000$ shares, respectively $3939$

Additional paid$-$in capital $1818$

Retained earnings $7,5766,372$

Accumulated other comprehensive income $173173$

Total Best Buy Co$.,$ Inc. shareholders' equity $7,8066,602$

Noncontrolling interests $810690$

Total equity $8,6167,292$

Total liabilities and shareholders' equity $$19,000$ $$17,849$

CAPEX $($Increase in gross Property and equipment$)/$Net sales $1\mathrm{.}50\%$

Depreciation expense$/$Prior year gross PPE $12\mathrm{.}00\%$

Dividends$/$Net income $18\mathrm{.}60\%$

Long$-$term debt payments required in fiscal $2013$ $$37$

Refer to the financial information above for Best Buy Co$.,$ Inc. Prepare a forecast of its financial year $2012$ statement of cash flows. $($Hint: Use net income including noncontrolling interests to begin the statement of cash flows. Use negative signs in answers when appropriate.$)$