PLEASE DO NOT SOLICIT

The financial statements of Pouchie Co. included the following information for the year ended December 31, 2010 (amounts in millions):

Depreciation and amortization expense	$	269
Cash dividends declared and paid		312
Purchase of equipment		820
Net income		370
Beginning cash balance		137
Proceeds of common stock issued		170
Proceeds from sale of building (at book value)		213
Accounts receivable increase		9
Ending cash balance		114
Inventory decrease		30
Accounts payable increase		66

I

Required:

Complete the following statement of cash flows, using the indirect method. (Enter your answers in millions. Amounts to be deducted and negative net cash amount should be indicated with minus sign. Omit the "$" sign in your response):

POUCHIE CO. Statement of Cash Flows For the Year Ended December 31, 2010
Cash flows from operating activities:		(in millions)
Net income	$	370
Add (deduct) items not affecting cash:
(Click to select) Inventory decrease Sale of building Cash dividends declared and paid Accounts payable increase Accounts receivable increase Depreciation and amortization expense
(Click to select) Depreciation and amortization expense Cash dividends declared and paid Sale of building Accounts payable increase Accounts receivable increase Inventory decrease
(Click to select) Accounts payable increase Cash dividends declared and paid Sale of building Depreciation and amortization expense Accounts receivable increase Inventory decrease
(Click to select) Accounts payable increase Cash dividends declared and paid Inventory decrease Depreciation and amortization expense Accounts receivable increase Sale of building
Net cash provided (used) by operating activities	$
Cash flows from investing activities:
(Click to select) Accounts payable increase Inventory decrease Sale of building (at book value) Purchase of equipment Depreciation and amortization expense Accounts receivable increase
(Click to select) Sale of building (at book value) Depreciation and amortization expense Accounts payable increase Inventory decrease Accounts receivable increase Purchase of equipment
Net cash provided (used) by investing activities	$
Cash flows from financing activities:
(Click to select) Common stock issued Depreciation and amortization expense Inventory decrease Cash dividends declared and paid Accounts payable increase Accounts receivable increase
(Click to select) Inventory decrease Cash dividends declared and paid Accounts payable increase Accounts receivable increase Common stock issued Depreciation and amortization expense
Net cash provided (used) by financing activities	$
Net (Click to select) increase decrease in cash for the year	$
Cash balance, January 1, 2010		137
Cash balance, December 31, 2010	$	114