Refer to the data provided in E 21-23 for Myriad Products Company.

E21 - 23

Portions of the financial statements for Myriad Products are provided below.

Required:
Prepare the cash flows from operating activities section of the statement of cash flows for Myriad Products Company using the indirect method

MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2018 ($ in millions) $660 Cost of goods sold 410 Gross margin Salaries expense Depreciation expense Patent amortization expense Interest expense Loss on sale of land $110 228 182 91 Income before taxes Income tax expense Net Income $ 91 MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2018 and 2017 ($ in millions) Change $102 220 $100 Accounts receivable (12) 450 Accounts payable Salaries payable Interest payable Income taxes payable 140 15