Use the balance sheet and income statement below: 2021 2020 Assets Current sett Cash and marketable securities Accounts receivable Inventory Total Tixed assets Grons plant and equipment Les Accumulated depreciation Net blant and equipment Other long-tern an eta Total Total anseta CLANCY'S DOG BISCUIT CORPORATION Balance Sheet As of December 31, 2021 and 2020 (in millions of dollars) 2021 2020 Liabilities and Equity Current liabilities $ 3 $ Accrued wages and taxes 43 34 Accounts payable 42 39 Notes payable $93 976 Total Long-tern debt 5110 $ 98 Stockholders' equity 29 Preferred stock (2 million shares) $69 Common stock and paid-in-surplus 5 million shares) 32 32 Retained earning 0116 5101 Total $209 $177 Total liabilities and equity 10 31 33 $82 3 33 $11 29 27 367 8.30 2 11 81 2 11 59 200 0177 5 CLANCY'S DOG BISCUIT CORPORATION Income Statement for Years Ending December 31, 2021 and 2020 in mil ons of lars) 2021 2020 Not sales 5 116 120 tenet Cost of goods sold 59 55 Cross profits $ 57 $ 65 Leasi Other operating expenses 2 6 Sarnings before Interest, taxes depreciation, and amortization (EBITDA) 5 50 $ 59 Less: Acumalated depreciation 5 5 Tarnings before interest and taxoe (ENIT) $ 45 5 59 Les Interest 10 10 $ $ 35 7 2B 44 9 $ $ $ $ $ $ Earnings before taxes (ET) Leon 1 Taxes Net income Le Preferred stock dividende Net income available to common stockholders Less Common stock dividende Addition to retained earnings Per common) share data! Earnings per share (EPS) Dividends per share (DPS) Book value per share (BVPS) Market value (price) per share (MVPS) 1 27 5 22 35 1 34 5 29 $ $ $ 5.40 $ 1.00 $18.40 $19.05 $ 6.80 $ 1.00 $14.00 $17.40 Prepare a statement of cash flows for Clancy's Dog Biscuit Corporation (Enter your answers in millions of dollars. Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows for Year Ending December 31, 2021 (in millions of dollars) Cash flows from operating activities Not Income $ Additions (sources of cash): Subtractions (uses of cash): Net income Additions (sources of cash): Subtractions (uses of cash): -59 Net cash flow from operating activities Cash flows from investing activities Subtractions: Net cash flow from investing activities Cash flows from financing activities Additions: Subtractions: Net cash flow from financing activities Net change in cash and marketable securities