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South Sea Baubles has the following (incomplete) balance sheet and income statement. Assume the firm pays taxes equal to 21% of taxable income. BALANCE SHEET

South Sea Baubles has the following (incomplete) balance sheet and income statement.

Assume the firm pays taxes equal to 21% of taxable income.

BALANCE SHEET AT END OF YEAR(Figures in $ millions)

Assets 2018 2019 Liabilities and Shareholders' Equity 2018 2019

Current assets $106$220 Current liabilities $82$108

Net fixed assets9601,060 Long-term debt 680910

INCOME STATEMENT, 2019

(Figures in $ millions)

Revenue $2,030

Cost of goods sold1,110

Depreciation 430

Interest expense 256

f.What is cash provided by operations during 2019?

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