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15 $ 980 343 637 0.58 points Income Statement For the Year Ended December 31, 2021 ($ in millions) Sales Cost of goods sold Gross
15 $ 980 343 637 0.58 points Income Statement For the Year Ended December 31, 2021 ($ in millions) Sales Cost of goods sold Gross margin Salaries expense $170 Depreciation expense 106 Amortization expense 5 Interest expense 46 Loss on sale of land 4 Income before taxes Income tax expense Net Income eBook Hint 331 306 153 $ 153 Print References MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions) Year Cash Accounts receivable Inventory Accounts payable Salaries payable Interest payable Income tax payable 2021 $150 269 469 223 111 69 60 2020 $138 289 488 210 124 58 48 Change $ 12 (20) (19) 13 (13) 11 12 Required: Prepare the cash flows from operating activities section of the statement of cash flows for Myriad Products Company using the direct method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should
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