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Vioja Tele Ltd has provided the following comparative balance sheets for 2021 and 2020, a statement of income for 2021, and additional information from its accounting records VIOJA TELE LTD Comparative Balance Sheets December 31, 2021 and 2020 (s in millions) 2021 2020 Assets Cash $ 44 $ 152 Accounts receivable 198 152 Prepaid insurance 12 5 Inventory 325 195 Buildings and equipment 440 370 Less: Accumulated depreciation (139) (260) $ 880 $ 614 Liabilities Accounts payable 107 5140 Accrued liabilities 11 16 Notes payable 70 0 Bonds payable 181 Shareholders' Equity Common stock 420 420 Retained earnings 91 38 $ 580 5 614 VIOJA TELE LTD. Statement of Income For Year Ended December 31, 2021 (5 in millions) Revenues Sales revenue $2,200 VIOJA TELE LTD. Statement of Income For Year Ended December 31, 2021 (5 in millions) Revenues Sales revenue $2,200 Expenses Cost of goods sold $1,482 Depreciation expense 50 Operating expenses 545 2,027 Net Income $123 Additional information from the accounting records a. During 2021, $250 million of equipment was purchased to replace $180 million of equipment (95% depreciated) sold at book value 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 (ie.. 10,000,000 should be entered as 10).) VIOJA TELE LTD. Statement of Cash Flows For year ended December 31, 2021 (S in millions) Cash flows from operating activities: Adjustments for noncash effects: Changes in operating assets and liabilities: Net cash flows from operating activities Cash flows from investing activities: Changes in operating assets and liabilities. Net cash flows from operating activities Cash flows from investing activities: Net cash flows from investing activities Cash flows from financing activities. Net cash flows from financing activities Net increase (decrease) in cash Cash balance, January 1 Cash balance, December 31