The comparative balance sheets for 2021 and 2020 are given below for Surmise Company. Net income for 2021 was $50 million.

SURMISE COMPANY Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions)
	2021				2020
Assets
Cash	$	36			$	40
Accounts receivable		92				96
Less: Allowance for uncollectible accounts		(12	)			(4	)
Prepaid expenses		8				5
Inventory		145				130
Long-term investment		80				40
Land		100				100
Buildings and equipment		420				300
Less: Accumulated depreciation		(142	)			(120	)
Patent		16				17
	$	743			$	604
Liabilities
Accounts payable	$	13			$	32
Accrued liabilities		2				10
Notes payable		35				0
Lease liability		111				0
Bonds payable		65				125
Shareholders Equity
Common stock		60				50
Paid-in capitalexcess of par		245				205
Retained earnings		212				182
	$	743			$	604

Required: Prepare the statement of cash flows of Surmise Company for the year ended December 31, 2021. Use the indirect method to present cash flows from operating activities because you do not have sufficient information to use the direct method. You will need to make reasonable assumptions concerning the reasons for changes in some account balances. A spreadsheet or T-account analysis will be helpful. (Hint: The right to use a building was acquired with a seven-year lease agreement. Annual lease payments of $9 million are paid at January 1 of each year starting in 2021.) (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.)

SURMISE COMPANY Statement of Cash Flows For year ended December 31, 2021 ($ in millions) Cash flows from operating activities: Net income Adjustments for noncash effects: Changes in operating assets and liabilities: $ $ Net cash flows from operating activities Cash flows from investing activities: 0 Net cash flows from investing activities Cash flows from financing activities: Net cash flows from financing activities Net increase (decrease) in cash Cash balance, January 1 Cash balance, December 31 Noncash investing and financing activities: $