Portions of the financial statements for Myriad Products are provided below. Sales MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2021 Cost of goods sold Gross margin ($ in millions) Salaries expense Depreciation expense Amortization expense Interest expense Loss on sale of land Income before taxes Income tax expense Net Income $ 860 301 559 $140 94 04544 34 277 282 141 $ 141 MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions) Year 2021 2020 Change Cash $132 $126 $ 6 Accounts receivable 257 271 (14) Inventory 463 476 (13) Accounts payable 193 186 Salaries payable 105 112 (7) Interest payable 51 46 Income tax payable 42 36