The comparative balance sheets for $2021$ and $2020$ and the income statement for $2021$ are given below for Arduous Company. Additional information from Arduouss accounting records is provided also. ARDUOUS COMPANYComparative Balance SheetsDecember $31,2021$ and $2020($$ in millions$)20212020$ Assets Cash $ $121$ $ $88$ Accounts receivable $197208$ Investment revenue receivable $1611$ Inventory $212207$ Prepaid insurance $1421$ Long$-$term investment $180132$ Land $210157$ Buildings and equipment $419414$ Less: Accumulated depreciation $(104)(134)$ Patent $3742$ $ $1,302$ $ $1,146$ Liabilities Accounts payable $ $57$ $ $79$ Salaries payable $1623$ Interest payable $($bonds$)1811$ Income tax payable $1924$ Deferred tax liability $2515$ Notes payable $270$ Lease liability $800$ Bonds payable $222289$ Less: Discount on bonds $(29)(32)$ Shareholders Equity Common stock $451417$ Paid$-$in capitalexcess of par $10992$ Preferred stock $820$ Retained earnings $241228$ Less: Treasury stock $(16)0$ $ $1,302$ $ $1,146$ ARDUOUS COMPANYIncome StatementFor Year Ended December $31,2021($$ in millions$)$Revenues and gain: Sales revenue $ $460$ Investment revenue $22$ Gain on sale of Treasury bills $5$ $ $487$ Expenses and loss: Cost of goods sold $187$ Salaries expense $80$ Depreciation expense $12$ Amortization expense $5$ Insurance expense $14$ Interest expense $35$ Loss on sale of equipment $30$ Income tax expense $43406$ Net income $ $81$ Additional information from the accounting records: Investment revenue includes Arduous Companys $$16$ million share of the net income of Demur Company, an equity method investee. Treasury bills were sold during $2021$ at a gain of $$5$ million. Arduous Company classifies its investments in Treasury bills as cash equivalents. Equipment originally costing $$84$ million that was one$-$half depreciated was rendered unusable by a flood. Most major components of the equipment were unharmed and were sold for $$12$ million. Temporary differences between pretax accounting income and taxable income caused the deferred tax liability to increase by $$10$ million. The preferred stock of Tory Corporation was purchased for $$32$ million as a long$-$term investment. Land costing $$53$ million was acquired by issuing $$26$ million cash and a $15\%,$ four$-$year, $$27$ million note payable to the seller. The right to use a building was acquired with a $15-$year lease agreement; present value of lease payments, $$89$ million. Annual lease payments of $$9$ million are paid at the beginning of each year starting January $1,2021.$ $$67$ million of bonds were retired at maturity. In February, Arduous issued dividend $(6\mathrm{.}8$ million shares$).$ The market price of the $$5$ par value common stock was $$7\mathrm{.}50$ per share at that time. In April, $1$ million shares of common stock were repurchased as treasury stock at a cost of $$16\mathrm{.}00$ million.Required:Prepare the statement of cash flows of Arduous Company for the year ended December $31,2021.$ Present cash flows from operating activities by the direct method. $($Do not round your intermediate calculations. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10.).$ Amounts to be deducted should be indicated with a minus sign.$)$ Question $6$ of $8$ Total $6$ of $8$