RED, INC. Comparative Balance Sheets December 31, 2021 and 2020 ( $ in millions) 20212020 Assets Cash Accounts receivable Prepaid insurance Inventory Buildings and equipment $3721011270426$1221459188363 Less: Accumulated depreciation Liabilities \begin{tabular}{lr} (253)(132) \\ $822 & $574 \\ \hline \end{tabular} Accounts payable Accrued liabilities Notes payable Bonds payable $1001063176$1261600 Shareholders' Equity Common stock Retained earnings RED, INC. Statement of Income For Year Ended December 31, 2021 ( $ in millions) Revenues Sales revenue $2,210 Expenses Cost of goods sold $1,515 Depreciation expense Operating expenses Net income a. During 2021, $243 million of equipment was purchased to replace $180 million of equipment (90\% depreciated) sold at book value b. In order to maintain the usual policy of paying cash dividends of $63 millon. it was necessary for Red to borrow $63 million from its bank. Required: Piepare the statement of cash flows of Red, Inc. using the direct method to report operating activilies. (Enter your onswers in milions