LULLUT%50!%264%2F2%5Bdata-uuid-e6 E 2123 Cash flows from operating activities (direct method) LO213 Portions of the financial statements for Myriad Products are provided below. MYRIAD PRODUCTS COMPANY Income Statement For the Year Ended December 31, 2021 ($ in millions) Sales $660 250 410 Cost of goods sold Gross margin Salaries expense Depreciation expense Amortization expense Interest expense Loss on sale of land Income before taxes Income tax expense Net Income MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions) Year 2021 2020 Change Cash $ 2 Accounts receivable (12) Inventory (10) Accounts payable $102 220 440 140 80 25 15 $100 232 450 134 86 20 10 Salaries payable Interest payable Income tax payable Required: Prepare the cash flows from operating activities section of the statement of cash flows for Myriad Products Company using the direct method