Refer to the data provided in E 21-23 for Myriad Products Company.

E21 - 23

Portions of the financial statements for Myriad Products are provided below.

Required:
Prepare the cash flows from operating activities section of the statement of cash flows for Myriad Products Company using the indirect method

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MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2018 ($ in millions) $660 Cost of goods sold 410 Gross margin Salaries expense Depreciation expense Patent amortization expense Interest expense Loss on sale of land $110 228 182 91 Income before taxes Income tax expense Net Income $ 91 MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2018 and 2017 ($ in millions) Change $102 220 $100 Accounts receivable (12) 450 Accounts payable Salaries payable Interest payable Income taxes payable 140 15