Portions of the financial statements for Myriad Products are provided below. $ 940 329 611 MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2021 ($ in millions) Sales Cost of goods sold Gross margin Salaries expense $160 Depreciation expense 102 Amortization expense 5 Interest expense Loss on sale of land 4 Income before taxes Income tax expense Net Income 42 313 298 149 $ 149 MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions) Year 2021 2020 Change Cash $144 $134 $ 10 Accounts receivable 265 283 (18) Inventory 467 484 (17) Accounts payable 213 202 11 Salaries payable 109 120 (11) Interest payable 63 54 9 Income tax payable 54 44 10 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.) 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