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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 $30 million and depreciation of $2,800,000. The top part of Ramakrishnan, Inc.s,2021 and 2020 balance sheets is reproduced below (in millions of dollars):
2021202020212020
Current assets: Current liabilities:
Cash and marketable securities $ 35 $ 14 Accrued wages and taxes $ 28 $ 23
Accounts receivable 8580 Accounts payable 8075
Inventory 152120 Notes payable 7570
Total $ 272 $ 214 Total $ 183 $ 168
Calculate the 2021 net cash flow from operating activities for Ramakrishnan, Inc. (Enter your answer in dollars not in millions.)

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