ces Portions of the financial statements for Myriad Products are provided below. MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2018 ($ in millions) Sales Cost of goods sold Gross margin Salaries expense Depreciation expense Patent amortization expense Interest expense Loss on sale of land Income before taxes Income tax expense Net Income Cash Accounts receivable Inventory Accounts payable Salaries payable Interest payable Income taxes payable $165 104 5 44 4 MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2018 and 2017 ($ in millions) Year 267 468 218 110 66 57 2018 2017 $147 $136 286 486 $960 336 624 206 122 56 46 322 302 151 $ 151 Change $11 (19) (18) 12 (12) 10 11 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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Portions of the financial statements for Myriad Products are provided below. Required: Prepare the cash flows from operating activities section of the statenent of cash flows for Mynad Prodccts Compariy using the cariect. method (Amounts to be deducted should be indicnted with a minus sign. Enter your an wers in milions (0. 10 , ooo, 000 hhould \begin{tabular}{|l|l|} \hline Cash Flows from Operating Activities: & \\ \hline Cash received from customers & $ \\ \hline Cash paid to suppliers & \\ \hline Cash paid to employees & \\ \hline Cash paid for interest & \\ \hline Cash paid for income taxes & \\ \hline & \\ \hline & \\ \hline & \\ \hline Net cash flows from operating activities & $ \\ \hline \end{tabular} Portions of the financial statements for Myriad Products are provided below