please use INDIRECT METHOD

Portions of the financial statements for Myrlad Products are provided below MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2818 ($in millions) $880 308 572 Sales Cost of goods sold Gross margin Salaries expense $145 96 Patent amortization expense5 36 Depreciation expense Interest expense Loss on sale of land 286 286 143 Income before taxes Income tax expense Net Income $143 MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2818 and 2017 (S in millions) Year 2018 2017 Change Cash Accounts receivable Inventory Accounts payable Salaries payable Interest payable Income taxes payable $135 $128 $ 7 259 274 (15) 464 478 (14) 198 190 16 114 (8) 48 38 54 45 6 Required: Prepare the cash flows from operating activities section of the statement of cash flows for Myrlad Products Company using the indirect method (Enter your answers in millions (1.e., 10,000,000 should be entered os10.). Amounts to be deducted should be with a minus sign.) 2018 2817 Change $135 $128 $ 7 Cash Accounts receivable Inventory Accounts payable Salaries payable Interest payable Income taxes payable 259 274 (15) 464 478 (14) 198 190 106 114 (8) 54 45 48 38 Required Prepare the cash flows from operating activities section of the statement of cash flows for Myrtad Products Company using the indirect method (Enter your answers In millions (I.e., 10,000,000 should be entered as 10.). Amounts to be deducted should be Indicated with a minus sign.) ($ in millions) Cash Flows from Operating Activities: Adjustments for noncash effects Changes in operating assets and liabilities Net cash flows from operating activities