The chief accountant for Grandview Corporation provides you with the company's 2021 statement of cash flows and income statement. The accountant has asked for your help with some missing figures in the company's comparative balance sheets. These financial statements are shown next ($ in millions). GRANDVIEW CORPORATION Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities: Collections from customers $ 133 Payment to suppliers (46) Payment of general & administrative expenses (35) Payment of income taxes (26) Net cash flows front operating activities $ 26 Cash Flows from Investing Activities: Sale of investments 82 Cash Flows from Financing Activities: Issuance of common stock Payment of dividends Net cash flows from financing activities le Net increase in cash $ 118 2980 : 1 1 - $ 148 99 GRANDVIEW CORPORATION Income Statement For the Year Ended December 31, 2021 Sales revenue Cost of goods sold Gross profit Operating expenses: General and administrative expense Depreciation expense Total operating expenses Operating income Other incore: Gain on sale of investments Incone before income taxes Income tax expense Net income s3 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 a millions (ie., 10,000,000 should be entered as 10).) GRANDVIEW CORPORATION Balance Sheets At December 31 2021 2020 197 Assets: Cash Accounts receivable Investments 101 67 77 167 167 (99) Inventory Property, plant & equipment Less: Accumulated depreciation Talal assets Liabilities and Shareholders Equity: Accounts payable Accrued abilities for selling & admin. expense) 61 47 28 26 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 Prepare the operating activities section of Grandview's 2021 statement of cash flows using the indirect method. (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 statement of Cash Flowe For the Year Ended December 31, 2021 ($ In millions) Cash flows from operating activities Adjustments for noncash effects: Changes in operating assets and liabilities: Net cash flows from operating activities