$(!)$

Required information

Exercise $21-32($Algo$)$ Statement of cash flows; T$-$account method $[$LO$21-8,$ Appendix $21$B$]$

$[$The following information applies to the questions displayed below.$]$

Comparative balance sheets for $2024$ and $2023,$ a statement of income for $2024,$ and additional information from the accounting records of Red, Incorporated, are provided below:

$\backslash$table$[[\backslash$table$[[$RED$,$ INCORPORATED$],[$Comparative Balance Sheets$],[$December $31,2024$ and $2023($$ in millions$)]]],[$Assets$],[$Cash$,$$$52\mathrm{.}0,$$$147\mathrm{.}0$