You have been provided with the income statement and balance sheet of Fun Food Co. for 2018 and 2019. Prepare a statement of cash flows for Fun Food Co. for the year ending December 31, 2019, to be completed in the Statement of CFs worksheet. Create the operating section using the indirect method (and not the direct method). Note that the company sold Land with a cost of $300 million at a gain. This sale, as well as any other sales and purchases of non-current assets were made in cash. Also, $649 million of cash dividends were declared and paid.

C E F G H K L M N Cash flow from operating activities Investing activities: 2019 2018 Change from 2018 to 2012 Cash flow from investing activities $ 214 Financing activities: 484 $ 270 2,173 1,723 4,512 3.595 7,169 5,688 11,000 11,300 14,163 11,356 765 765 Cash flow from financing activities A B 19 20 21 22 Fun Faad Co. 23 Balance Sheet 24 As at December 31 25 (millions of $) 26 27 28 Assets 29 Current Assets 30 Cash 31 Accounts receivable, net 32 Inventories 33 Total Current Assets 34 Land 35 Building and Equipment, net 36 Long term Investments 27 Tatal Assets 38 39 Liabilities and Stockholders' Equity 40 Current Liabilities 41 Accounts payable 42 Unearned revenues 43 Accrued liabilities 44 Total Current Liabilities 45 Long-Term Debt 46 47 Stockholders' Equity 49 Common stock and additional paid-in capital 49 Treasury stock 50 Retained earnings 51 Total Stockholders' Equity 52 Total Liabilities and Stockholders'Equity 53 54 55 56 57 $ 22,097 $ 29,109 Net change in cash flows Beginning cash balance Ending cash balance $ 1,926 $ 1,694 609 582 876 844 3,411 3,120 15,604 13,186 1,045 1,045 1663) (556) 13,700 12,314 14,082 12,803 $ 33,097 $ 29,109