Portions of the financial statements for Myriad Products are provided below. $ 900 315 585 MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2021 ($ in millions) Sales Cost of goods sold Gross margin Salaries expense $150 Depreciation expense 98 Amortization expense 5 Interest expense 38 L055 on sale of land 4 Income before taxes Income tax expense Net Income '' 295 290 145 $ 145 MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions) Year 2021 2020 Change Cash $138 $130 $ 8 Accounts receivable 261 277 (16) Inventory 465 480 Accounts payable 203 194 9 Salaries payable 107 116 (9) Interest payable 57 50 7 Income tax payable 48 40 8 (15) (Sin millions) Cash Flows from Operating Activities Net cash flows from operating activities $ 0 ($ in millions) Cash Flows from Operating Activities: Net cash flows from operating activities $ 0 Portions of the financial statements for Myriad Products are provided below. $ 900 315 585 MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2021 ($ in millions) Sales Cost of goods sold Gross margin Salaries expense $150 Depreciation expense 98 Amortization expense 5 Interest expense 38 Loss on sale of land 4 Income before taxes Income tax expense Net Income 295 290 145 $ 145 ces MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions) Year 2021 2020 Change Cash $138 $130 $ 8 Accounts receivable 261 277 (16) Inventory 465 480 (15) Accounts payable 203 194 9 Salaries payable 107 116 (9) Interest payable 57 50 Income tax payable 48 40 Sane