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I need help answer the following question thank you Portions of the financial statements for Myriad Products are provided below $ 960 336 624 HYRTAD

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Portions of the financial statements for Myriad Products are provided below $ 960 336 624 HYRTAD PROOTS COMPANY Income Statement For the Year Ended Oecember 31, 2021 ( Inillions) Sales Cost of goods sold Gross margin Salaries expense $165 Depreciation expense 104 Amortization pense 9 Interest expense 44 Loss on sale of land Incone before taxes Income tax expense Net Income 32 302 151 3151 HVAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheet December 11, 2021 and 1020 (5 in lions) Year 2021 2020 Change Cash $147 $138 $11 Accounts receivable 267 286 (10) Toventory 60 (10) Accounts payable 200 12 Salaries payable 110 123 (22) Interest payable 66 50 10 Income tax payable 57 46 11 210 Required: Prepare the cash flows from the operating activities section of the statement of cash flows for Myriad Products Company sing the indirect method (Enter your answers in millions (e. 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.) Required: Prepare the cash flows from the operating activities section of the statement of cash flows for Myriad Products Company using the indirect method (Enter your answers in millions (t.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.) (5 in millions) 5 Cash Flows from Operating Activities Net income Adjustments for noncash effects Loss on sale of land 151 4 Amortization expense 104 5 19 Changes in operating assets and liabilities Decrease in accounts receivable Decrease in inventory Decrease in salaries payable Increase in interest payable Increase in income tax payable Increase in accounts payable 18 (12) 10 11 12 Net cash flows from operating activities 322

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