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Sanders Awnings reported net income of $97.5 million. Included in that number were depreciation expense of $1.5 million and a loss on the sale of

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Sanders Awnings reported net income of $97.5 million. Included in that number were depreciation expense of $1.5 million and a loss on the sale of equipment of $2.5 million. Records reveal increases in accounts receivable, accounts payable, and inventory of $2.5 million, $3.5 million, and $2.5 million, respectively. Required: What were Sanders' cash flows from operating activities? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Q Answer is complete but not entirely correct. Sanders Awnings reported net income of $97.5 million. Included in that number were depreciation expense of $1.5 million and a loss on the sale of equipment of $2.5 million. Records reveal increases in accounts receivable, accounts payable, and inventory of $2.5 million, $3.5 million, and $2.5 million, respectively. Required: What were Sanders' cash flows from operating activities? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Q Answer is complete but not entirely correct

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