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Orphan Annie's Clothes Emporium, Inc. has net cash flows from operating activities for the last year...

Orphan Annie's Clothes Emporium, Inc. has net cash flows from operating activities for the last year of $90 million. The income statement shows that net income is $83 million and depreciation expense is $12 million. During the year, the change in inventory on the balance sheet was $10 million, change in accrued wages and taxes was $4 million and change in accounts payable was $5 million. At the beginning of the year the balance of accounts receivable was $13 million. Calculate the end of year balance for accounts receivable.

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