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Required: 1. Calculate the missing amounts. 2. Prepare the operating activities section of Grandview's 2021 statement of cash flows using the indirect method. Complete this
Required: 1. Calculate the missing amounts. 2. Prepare the operating activities section of Grandview's 2021 statement of cash flows using the indirect method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the missing amounts. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) GRANDVIEW CORPORATION Balance Sheets At December 31 2021 2020 Assets: Cash 197 Accounts receivable 101 Investments 87 77 Inventory Property, plant & equipment 167 187 Less: Accumulated depreciation (99) Total assets Liabilities and Shareholders' Equity: Accounts payable Accrued liabilities (for selling & admin. expense) 61 47 26 28 Income taxes payable 39 263 247 Common stock Retained earnings Total liabilities and shareholders' equity 35 (Required 1 Required 2 >
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