Using the balance sheet and the income statement, complete the statement of cash flows for year ending December 31, 2021.

Use the balance sheet and income statement below: Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Accumulated depreciation Net plant and equipment Other long-term assets Total Total assets CLANCY'S DOG BISCUIT CORPORATION Balance Sheet as of December 31, 2021 and 2020 (in millions of dollars) 2021 2020 Current liabilities: Accrued wages and taxes $ Accounts payable 58 153 137 Notes payable Total Long-term debt $ 348 $ 595 Stockholders' equity: Preferred stock (6 thousand shares) $ 6 120 Common stock and paid-in surplus (100 thousand shares) Retained earnings Total $ 602 728 $1,671 Total liabilities and equity $ $ 78 190 324 77 187 297 561 $ 592 $ $ 894 $1,091 158 119 $ 933 $ 775 146 146 $1,079 $ 921 $1,671 $1,482 Liabilities and Equity es es 2021 2020 $ 47 147 137 331 568 $ $ $ 6 120 457 $ 583 $1,482 CLANCY'S DOG BISCUIT CORPORATION Income Statement for Years Ending December 31, 2021 and 2020 (in millions of dollars) 2021 2020 Net sales $ 904 $ 814 395 Less: Cost of goods sold Gross profits 358 $ 456 $ 509 Less: Other operating expenses 53 47 Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 456 $ 409 Less: Accumulated depreciation (2018) 39 37 $ 417 $ 372 Earnings before interest and taxes (EBIT) Less: Interest 48 54 $363 Earnings before taxes (EBT) $ 324 Less: Taxes 137 117 Net income $ 226 $ 207 Less: Preferred stock dividends $ 6 $ 6 Net income available to common stockholders $ 220 $ 201 Less: Common stock dividends 75 75 $ 145 $ 126 Addition to retained earnings Per (common) share data: $2.20 $2.01 Earnings per share (EPS) Dividends per share (DPS) $0.75 $0.75 Book value per share (BVPS) $7.22 $5.77 Market value (price) per share (MVPS) $8.25 $6.25 Statement of Cash Flows for Year Ending December 31, 2021 (in millions of dollars) Cash flows from operating activities Net income $ 226 Additions (sources of cash): Depreciation Increase in accrued wages and taxes Increase in accounts payable Subtractions (uses of cash): Increase in accounts receivable Increase in inventory Net cash flow from operating activities Cash flows from investing activities Subtractions: Increase in fixed assets Increase in other long-term assets Net cash flow from investing activities Cash flows from financing activities Additions: Increase in notes payable Increase in long-term debt Increase in common and preferred stock Subtractions: Common stock dividends Net cash flow from financing activities Net change in cash and marketable securities 75