The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for National Intercable Company. Additional information from NIC's accounting records is provided also. NATIONAL INTERCABLE COMPANY Income Statement For Year Ended December 31, 2021 (\$ in millions) Revenues Sales revenue $400 Investment revenue 14 Gain on sale of investments 6420 Expenses Cost of goods sold 160 Salaries expense 60 Depreciation expense 40 Amortization expense 2 Bad debt expense 6 Insurance expense 22 Interest expense 50 Loss on sale of building Income before tax Income tax expense Net income 303705026$24 Additional information from the accounting records: a. Investment revenue includes National Intercable Company's $8 million share of the net income of Central Fiber Optics Corporation, an equity method investee. b. A long-term investment in bonds, originally purchased for $32 million, was sold for $38 million. c. Pretax accounting income exceeded taxable income, causing the deferred income tax liability to increase by $4 million. d. A building that originally cost $44 million, and which was one-fourth depreciated, was destroyed by fire. Some undamaged sections were sold for $3 million. e. The right to use a building was acquired with a seven-year lease agreement; present value of lease payments, $80 million. Annual lease payments of $10 million are paid at Jan. 1 of each year starting in 2021. f. $160 million of bonds were retired at maturity. g. \$40 million par value of common stock was sold for $70 million, and $80 million of preferred stock was sold at par. h. Shareholders were paid cash dividends of $20 million. Required: 2. Prepare the statement of cash flows. Present cash flows from operating activities by the direct method. (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.)