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Portions of the financial statements for Myriad Products are provided below. $ 620 217 403 MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December

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Portions of the financial statements for Myriad Products are provided below. $ 620 217 403 MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2021 ($ in millions) Sales Cost of goods sold Gross margin Salaries expense $ 85 Depreciation expense Amortization expense 5 Interest expense 12 Loss on sale of land 3 Income before taxes Income tax expense Net Income 72 177 226 113 $ 113 MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions) Year 2021 2020 Change Cash $108 $104 $ 4 Accounts receiv 224 238 (14) Inventory 442 454 (12) Accounts payable 150 142 8 3 Salaries payable Interest payable Income tax payable 82 31 21 90 24 14 (8 7 7 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 (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 0

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