he comparative balance sheets for 2021 and 2020 and the income statement for 2021 are given below for Arduous Company. Additional information from Arduouss accounting records is provided also.

ARDUOUS COMPANY Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions)
	2021				2020
Assets
Cash	$	124			$	91
Accounts receivable		200				214
Investment revenue receivable		15				14
Inventory		216				210
Prepaid insurance		13				22
Long-term investment		185				135
Land		216				160
Buildings and equipment		428				420
Less: Accumulated depreciation		(109	)			(140	)
Patent		44				45
	$	1,332			$	1,171
Liabilities
Accounts payable	$	60			$	85
Salaries payable		15				30
Interest payable (bonds)		17				14
Income tax payable		22				28
Deferred tax liability		31				18
Notes payable		28				0
Lease liability		92				0
Bonds payable		225				295
Less: Discount on bonds		(32	)			(39	)
Shareholders Equity
Common stock		460				420
Paid-in capitalexcess of par		115				95
Preferred stock		85				0
Retained earnings		233				225
Less: Treasury stock		(19	)			0
	$	1,332			$	1,171

ARDUOUS COMPANY Income Statement For Year Ended December 31, 2021 ($ in millions)
Revenues and gain:
Sales revenue	$	494
Investment revenue		20
Gain on sale of treasury bills		1		$	515
Expenses and loss:
Cost of goods sold		190
Salaries expense		83
Depreciation expense		14
Amortization expense		1
Insurance expense		17
Interest expense		38
Loss on sale of equipment		25
Income tax expense		46			414
Net income				$	101

Additional information from the accounting records:

1. Investment revenue includes Arduous Companys $15 million share of the net income of Demur Company, an equity method investee.
2. Treasury bills were sold during 2021 at a gain of $1 million. Arduous Company classifies its investments in Treasury bills as cash equivalents.
3. Equipment originally costing $90 million that was one-half depreciated was rendered unusable by a flood. Most major components of the equipment were unharmed and were sold for $20 million.
4. Temporary differences between pretax accounting income and taxable income caused the deferred tax liability to increase by $13 million.
5. The preferred stock of Tory Corporation was purchased for $35 million as a long-term investment.
6. Land costing $56 million was acquired by issuing $28 million cash and a 10%, four-year, $28 million note payable to the seller.
7. The right to use a building was acquired with a 15-year lease agreement; present value of lease payments, $98 million. Annual lease payments of $6 million are paid at the beginning of each year starting January 1, 2021.
8. $70 million of bonds were retired at maturity.
9. In February, Arduous issued a stock dividend (8.0 million shares). The market price of the $5 par value common stock was $7.50 per share at that time.
10. In April, 1 million shares of common stock were repurchased as treasury stock at a cost of $19 million.

Required: Prepare the statement of cash flows for Arduous Company using the indirect method. (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).)