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The financial statements of Pouchie Co. included the following information for the year ended December 31, 2019 (amounts in millions): Depreciation and amortization expense $

The financial statements of Pouchie Co. included the following information for the year ended December 31, 2019 (amounts in millions):

Depreciation and amortization expense

$

130

Cash dividends declared and paid

165

Purchase of equipment

410

Net income

192

Beginning cash balance

60

Proceeds of common stock issued

74

Proceeds from sale of building (at book value)

106

Accounts receivable increase

8

Ending cash balance

20

Inventory decrease

19

Accounts payable increase

22

Required:

Complete the following statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated by a minus sign. Enter your answers in millions. (i.e., 5,000,000 should be entered as 5))

POUCHIE CO.

Statement of cash Flows

For the year ended December 31, 2019

Cash flows from operating activities:

?

#?

Add (deduct) items not affecting cash:

?

#?

?

#?

?

#?

?

#?

?

#?

?

Cash flows from investing activities:

?

#?

?

#?

?

#?

?

Cash flows from financing activities:

?

#?

?

#?

?

#?

?

?

#?

Cash balance, January 1, 2019

#?

Cash balance, December 31, 2019

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