The chief accountant for Grandview Corporation provides you with the companys 2018 statement of cash flows and income statement. The accountant has asked for your help with some missing figures in the companys comparative balance sheets. These financial statements are shown next ($ in millions).

GRANDVIEW CORPORATION Statement of Cash Flows For the Year Ended December 31, 2018
Cash Flows from Operating Activities:
Collections from customers	$	90
Payment to suppliers		(33	)
Payment of general & administrative expenses		(22	)
Payment of income taxes		(13	)
Net cash flows from operating activities					$	22
Cash Flows from Investing Activities:
Sale of investments						69
Cash Flows from Financing Activities:
Issuance of common stock		10
Payment of dividends		(4	)
Net cash flows from financing activities						6
Net increase in cash					$	97

GRANDVIEW CORPORATION Income Statement For the Year Ended December 31, 2018
Sales revenue				$	96
Cost of goods sold					36
Gross profit					60
Operating expenses:
General and administrative	$	22
Depreciation		14
Total operating expenses					36
Operating income					24
Other income:
Gain on sale of investments					15
Income before income taxes					39
Income tax expense					7
Net income				$	32

GRANDVIEW CORPORATION Balance Sheets At December 31
	2018				2017
Assets:
Cash	$	160			$	?
Accounts receivable		?				88
Investments						54
Inventory		64				?
Property, plant & equipment		154				154
Less: Accumulated depreciation		(73	)			?
Total assets		?				?
Liabilities and Shareholders Equity:
Accounts payable to suppliers	$	48			$	34
Payables for selling & admin. expenses		13				13
Income taxes payable		26				?
Common stock		244				234
Retained earnings		?				40
Total liabilities and shareholders equity		?				?

Required: 1. Calculate the missing amounts. 2. Prepare the operating activities section of Grandviews 2018 statement of cash flows using the indirect method.