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Use the balance sheet and income statement below: CLANCY'S DOG BISCUIT CORPORATION Income Statenent for Years Ending December 3 1 , 2 0 2 1

Use the balance sheet and income statement below:
CLANCY'S DOG BISCUIT CORPORATION
Income Statenent for Years Ending December 31,2021 and 2020
(in millions of dollars)
Net sales
Less: Cost of goods sold
Gross profits
Less: Other operating expenses
Earnings before interest, taxes, depreciation,
and amortization (EBITDA)
Less: Accumulated depreciation (2018)
Earnings before interest and taxes (EBIT)
Less: Interest
Earnings before taxes (EBT)
Less: Taxes
Net income
Less: Preferred stock dividends
Net income available to common stockholders
Less: Common stock dividends
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)
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.)
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