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Portions of the financial statements for Myriad Products are provided below. 1:08:34 MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2018 ($

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Portions of the financial statements for Myriad Products are provided below. 1:08:34 MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2018 ($ in millions) Sales $1,000 Cost of goods sold 350 Gross margin 650 Salaries expense $175 Depreciation expense Patent amortization expense Interest expense Loss on sale of land 340 Income before taxes 310 Income tax expense 155 Net Income $ 155 ook int Fences MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2018 and 2017 ($ in millions) Year 2018 2017 Change Cash $ 13 Accounts receivable Inventory (20) Accounts payable Salaries payable Interest payable Income taxes payable (21) NN UONO OOOONO 14 Required: Check my wa 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 (.e., 10,000,000 should be entered as 10.). Amounts to be deducted should Indicated with a minus sign.) ($ in millions) Cash Flows from Operating Activities: Adjustments for noncash effects: onces Changes in operating assets and liabilities: Net cash flows from operating activities $ 0

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