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Problem 2 - 1 1 Statement of Cash Flows ( LG 2 - 4 ) Ramakrishnan, Inc., reported 2 0 2 1 net income of

Problem 2-11 Statement of Cash Flows (LG2-4)
Ramakrishnan, Inc., reported 2021 net income of $60 million and depreciation of $3,100,000. The top part of Ramakrishnan, Inc.'s,2021 and 2020 balance sheets is reproduced below (in millions of dollars):
\table[[,2021,2020,,2021,2020],[Current assets:,,,Current liabilities:,,],[Cash and marketable securities,$65,$20,Accrued wages and taxes,$35,],[Accounts receivable,90,86,Accounts payable,73,65],[Inventory,202,132,Notes payable,65,60],[Total,$357,$238,Total,$173,$154
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