Prepare a handwritten statement of cash flows

STATEMENT OF CASH FLOWS - Stark Industries 14 Stark Industries Comparative Balance Sheets (in millions of dollars) 20x2 20x1 Change Cash $ 10 $ 12 Current Assets: Accounts receivable 15 6 Inventory 17 Non-Current Assets: Long-term investments 21 20 Property, plant and equipment 150 140 Less accumulated depreciation (137) (110) Property, plant and equipment, net 13 30 Total assets $73 $85 Liabilities & Stockholders' Equity Current Liabilities: Accounts payable $ 12 $14 Accrued liabilities 3 2 Income taxes payable 3 7 Non-Current Liabilities: Bonds payable 11 10 Stockholders' equity: Common stock 30 30 Retained earnings 14 22 Total liabilities and equity $73 $85 Additional information: Stark did not sell any long-term investments during the year. It did not retire any bonds or repurchase any of its own common stock during the year. Stark Industries Income Statement, 20x2 (in millions of dollars) Sales..... $850 Cost of goods sold... 500 Gross margin....... 350 Selling and administrative expenses.. 340 Net operating income... 10 Nonoperating items: Loss on sale of equipment... (20) Income before taxes... (10) Income tax benefit 5 Net income (loss)... $ (5) Additional Information: The loss on sale of equipment consisted of the sale of equipment that had cost $30 million originally. The equipment had accumulated depreciation of $5 million. This means that a positive number is "net income" and a negative numbers is a "net loss