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Ramakrishnan, Inc., reported 2021 net income of $20 million and depreciation of $3,400,000. The top part of Ramakrishnan, Inc.'s, 2021 and 2020 balance sheets is
Ramakrishnan, Inc., reported 2021 net income of $20 million and depreciation of $3,400,000. The top part of Ramakrishnan, Inc.'s, 2021 and 2020 balance sheets is reproduced below (in millions of dollars): Current assets: Cash and marketable securities Accounts receivable Inventory Total 2021 2020 $ 25 98 170 $ 26 92 144 $293 $262 Net cash value Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total 2021 $43 69 60 $172 2020 $ 35 60 55 $150 Calculate the 2021 net cash flow from operating activities for Ramakrishnan, Inc. (Enter your answer in dollars not in millions.)
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