he income statement and a schedule reconciling cash flows from operating activities to net income are provided below for Macrosoft Corporation. MACROSOFT CORPORATION Income Statement For the Year Ended December 31, 2021 ($ in millions) Revenues and gains: Sales $ 314.00 Gain on sale of cash equivalents 2.20 Gain on sale of investments 24.20 $ 340.40 Expenses and loss: Cost of goods sold $ 122.00 Salaries 40.20 Interest expense 12.20 Insurance 20.20 Depreciation 10.20 Patent amortization 4.20 Loss on sale of land 6.20 215.20 Income before tax 125.20 Income tax expense 62.60 Net income $ 62.60 Reconciliation of Net Income to Net Cash Flows from Operating Activities ($ in millions) Net income $ 62.60 Adjustments for noncash effects: Depreciation expense 10.20 Patent amortization expense 4.20 Loss on sale of land 6.20 Gain on sale of investment (24.20 ) Decrease in accounts receivable 6.20 Increase in inventory (12.20 ) Increase in accounts payable 18.20 Decrease in bond discount 1.20 Increase in salaries payable 6.20 Decrease in prepaid insurance 4.20 Increase in income tax payable 10.20 Net cash flows from operating activities $ 93.00 Required: Prepare the cash flows from operating activities section of the statement of cash flows (direct method).