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The following information has been reported by Laporte Inc. on its statements of financial position at December 31, 2016 and 2017, and on its statement

The following information has been reported by Laporte Inc. on its statements of financial position at December 31, 2016 and 2017, and on its statement of earnings for the year ended December 31, 2017. Amounts are in millions of dollars:

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Additional information is as follows:
a. Old equipment was sold for cash during 2017. It had an original cost of $48 and an accumulated depreciation of $36.
b. A new building was acquired during the year in exchange for a long-term note for $60, payable in five years. In addition, new equipment was purchased for cash.
Required:
1. Prepare a statement of cash flows for Laporte Inc. for the year ended December 31, 2017 by using the direct method. (Negative answers should be indicated by a minus sign. Enter your answers in millions.)

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