Portions of the financial statements for Myriad Products are provided below. MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2018 ($ in millions) Sales Cost of goods sold Gross margin Salaries expense Depreciation expense Patent amortization expense Interest expense Loss on sale of land Income before taxes Income tax expense Net Income $ 840 294 546 $135 92 5252 32 4 268 278 139 $ 139 MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2018 and 2017 ($ in millions) Year 2018 2017 Change Cash $129 $124 $ 5 Accounts receivable 255 268 (13) Inventory 462 474 (12) Accounts payable 188 182 6 Salaries payable 104 110 (6) Interest payable 48 44 4 Income taxes payable 39 34 LC 5