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Please review attached photo for question: Squat XFit Inc. reported the following activities and select balance sheet items ($ in millions). You may also view

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Squat XFit Inc. reported the following activities and select balance sheet items ($ in millions). You may also view this data in Excel with the SquatFix Activities and Balance Sheet file. Select results during year ending December 31, 2020 Revenue 453.2 Interest expense 12.5 Depreciation expense 43.2 Stock based compensation 12.5 Tax rate 10% Net income 134.5 Balances as of: 12/31/2019 12/31/2020 Accounts payable 120.5 130.5 Accounts receivable 74.8 82.4 Common Stock & APIC 146.4 163.5 Deferred revenue 453.0 532.0 Inventory 132.6 143.2 Current portion of debt 214.0 275.0 Net PP&E 212.7 246.0 Pre-paid expenses 50.0 35.0 Treasury stock (112.3) (123.2) Accrued wages 67.8 72.5 Other comprehensive income 12.1 13.5 Calculate cash flow from operations for the year ending 12/31/2020

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