The financial statements of Pouchie Co. included the following information for the year ended December...
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Accounting
The financial statements of Pouchie Co. included the following information for the year ended December 31, 2019 (amounts in millions):
Depreciation and amortization expense
$
130
Cash dividends declared and paid
165
Purchase of equipment
410
Net income
192
Beginning cash balance
60
Proceeds of common stock issued
74
Proceeds from sale of building (at book value)
106
Accounts receivable increase
8
Ending cash balance
20
Inventory decrease
19
Accounts payable increase
22
Required:
Complete the following statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated by a minus sign.Enter your answers in millions. (i.e., 5,000,000 should be entered as 5))
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