Question 1 - Unit 8 AS: Exercises X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%2 C Bb Course Content - 2... X xFinity | Portal . C Apps Ocean Connect Close Browser Bb Blackboard Learn Saved Unit 8 AS: Exercises and Problems (Connect) i Portions of the financial statements for Myriad Products are provided below. MYRIAD PRODUCTS COMPANY 7 Income Statement For the Year Ended December 31, 2021 points ($ in millions) Sales $ 780 cost of goods sold 273 eBook Gross margin 507 Salaries expense $120 Print Depreciation expense 86 Amortization expense References Interest expense 26 Loss on sale of land 241 Income before taxes 266 Income tax expense 133 Net Income $ 133 MYRIAD PRODUCTS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions ) Year 2021 2020 Change Cash $120 $118 $ 2 Accounts receivable 249 259 10) Inventory 449 468 19 Accounts payable 185 170 15 Salaries payable 92 104 Interest payable 12 52 Income tax payable 14 42 28 14 Mc Graw Prev 1 of 10 Type here to search O 9 HD . 1080Question 1 - Unit 8 AS: Exercises X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fblackboard.kean.edu%252Fwebapps%252Fportal%252Fframeset.jsp%253Ftab Apps Ocean Connect Close Browser T. Blackboard Learn S T Course Content - 2... X xFinity | Portal Citing a Website in... Unit 8 AS: Exercises and Problems (Connect) @ Saved Help Save & Ch 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.) points ($ in millions) Cash Flows from Operating Activities: eBook Print Adjustments for noncash effects: References Changes in operating assets and liabilities Net cash flows from operating activities Mc Prey 1 of 10 Next > Graw Hill 57'F Cloudy O m Type here to search - 1080