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Problem 2 - 2 5 Statement of Cash Flows ( LG 2 - 5 ) Chris's Outdoor Furniture, Incorporated, has net cash flows from operating

Problem 2-25 Statement of Cash Flows (LG2-5)
Chris's Outdoor Furniture, Incorporated, has net cash flows from operating activities for the last year of $440 million. The income statement shows that net income is $415 million and depreciation expense is $54 million. During the year, the change in inventory on the balance sheet was $44 million, change in accrued wages and taxes was $24 million, and change in accounts payable was $35 million. At the beginning of the year, the balance of accounts receivable was $54 million.
Calculate the end-of-year balance for accounts receivable.
Note: Enter your answers in millions of dollars. (i.e., Enter 10,000,000 as 10.)
Accounts receivable
million
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