Portions of the financial statements for Myriad Products are provided below:

MYRIAD PRODUCTS COMPANY
Income Statement
For the Year Ended December 31, 2024
($ in millions)
Sales		$ 760
Cost of goods sold		228
Gross margin		532
Salaries expense	$ 115
Depreciation expense	84
Amortization expense	5
Interest expense	24
Loss on sale of land	4	232
Income before taxes		300
Income tax expense		150
Net Income		$ 150

MYRIAD PRODUCTS COMPANY
Selected Accounts from Comparative Balance Sheets
December 31, 2024 and 2023
($ in millions)
	Year		Change
	2024	2023
Cash	$ 126	$ 116	$ 10
Accounts receivable	239	256	(17)
Inventory	448	466	(18)
Accounts payable	180	166	14
Salaries payable	88	102	(14)
Interest payable	49	36	13
Income tax payable	36	26	10

Required:

Prepare the cash flows from operating activities section of the statement of cash flows for Myriad Products Company using the direct method.

\begin{tabular}{|l|l|} \hline & (\$ in millions) \\ \hline Cash Flows from Operating Activities: & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline Net cash flows from operating activities & \\ \hline \hline \end{tabular}