Portions of the financial statements for Myriad Products are provided below. $ 700 245 455 MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2018 ($ in milliona) Sales Coat of goods sold Gross margin salaries expense $100 Depreciation expense 78 Patent amortization expense 5 Interest expense 18 Los on sale of land 4 Income before taxes Income tax expense Net Income 205 250 125 $125 MYRIAD PRODUCTS COMPANY Selected Accounts from comparative Balance sheeta December 31, 2018 and 2017 1$ in millions) Year 2018 2017 Change Cash $117 $110 57 Accounts receivable 230 247 (17) Inventory 445 460 (15) Accounts payable 165 154 salaries payable 85 96 (12) Interest payable 40 30 10 Income taxes payable 30 20 10 Required: Prepare the cash flows from operating activities section of the statement of cash flows for Myriad Products Company using the indirect method (Enter your answers in millions (ie., 10,000,000 should be entered as 10.). Amounts to be deducted should be indicated with a minus sign.) Required: Prepare the cash flows from operating activities section of the statement of cash flows for Myriad Products Company using the indirect method (Enter your answers in millions (i.e., 10,000,000 should be entered as 10.). Amounts to be deducted should be indicated with a minus sign.) ($ in millions) Cash Flows from Operating Activities Adjustments for noncash effects. Changes in operating assets and liabilities Net cash flows from operating activities $