prepare a complete Statement of Cash Flows that includes both the direct method and the indirect method for summarizing cash flow from operating activities. Note that to complete the assignment you will need to calculate items such as dividends paid, capital expenditures, goodwill investments made, and net investment or sale of intangible assets. Please submit your work via the assignment submission feature in Blackboard. + Assets 2020 2019 2020 Cash & equivalents $700 $154 Sales $14,535 Marketable securities 681 143 Less: Cost of goods sold 9.496 Accounts receivable, net 1.512 1.454 Gross profit 5,039 Inventories 2,737 2.255 Less: SG&A expenses 3,001 Other current assets 607 603 Less: Depreciation expenses 376 Total current assets 6,237 4,609 Less: Amortization expenses 202 Property, plant, & equipment, gross 5,202 4,826 Operating profit (EBIT) 1,460 Less: Accumulated depreciation 2.626 2.332 Less: Interest expense 223 Property, plant, & equipment, net 2.576 2.494 Other income (expense) 18 Right-of-use leased assets 523 535 Gain/loss) on sale of assets (14) Other long-term investments 379 359 Earnings before tax 1.241 Goodwill 10,038 9.238 Less: Income tax expense 313 Other intangible assets 3,676 3,264 Net income $928 Other noncurrent assets 137 97 Total assets $23,566 $20,596 Liabilities and Equity Current portion of long-term debt 91 3 Short-term debt 3 337 Current operating lease liabilities 128 138 Accounts payable 2.446 2,088 Taxes payable (accrued taxes) 241 243 Other accrued expenses/payables 1,141 1,129 Deferred revenue 109 119 Other current liabilities 401 349 Total current liabilities 4,560 4,406 Long-term debt 4,245 3.217 Long-term operating lease liabilities 395 397 Deferred taxes 567 731 Other long-term liabilities 2.732 2.704 Total liabilities 12,499 11,455 Preferred stock 1,500 1,424 Common stock and paid-in capital 5,275 4.935 | Retained earnings 7,554 6,778 Accum. other comp. income (loss) (1,014) (1,812) Less: Treasury stock 2.248 2.184 Total equity 11.067 9.141 Total liabilities and equity $23.566 $20,596 Footnote During the year, the company received cash of $45 when it sold PP&E with a net book value of $59, which gave rise to the $14 loss that appears on the income statement Check figures: Net cash flow from operations = $1,210; net cash flow from investments = $(1,646); and net cash flow from financing = $982