xercise $21-23($Algo$)$ Cash flows from operating activities $($direct method$)[$LO$21-3]$ Portions of the financial statements for Myriad Products are provided below: MYRIAD PRODUCTS COMPANYIncome StatementFor the Year Ended December $31,2024($$ in millions$)$Sales$$$ $820$Cost of goods sold$287$Gross margin$533$Salaries expense$ $130$Depreciation expense$90$Amortization expense$5$Interest expense$30$Loss on sale of land$4259$Income before taxes$274$Income tax expense$137$Net Income$$$ $137$ MYRIAD PRODUCTS COMPANYSelected Accounts from Comparative Balance SheetsDecember $31,2024$ and $2023($$ in millions$)$YearChange$20242023$Cash$ $126$$ $122$$ $4$Accounts receivable$253265(12)$Inventory$461472(11)$Accounts payable$1831785$Salaries payable$103108(5)$Interest payable$45423$Income tax payable$483216$ Required: Prepare the cash flows from operating activities section of the statement of cash flows for Myriad Products Company using the direct method. Note: Cash outflows should be indicated with a minus sign. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$

Cash recieved from customers $=832$

cash paid to suppliers $=-517<---$ INCORRECT???

cash paid to employees$=-130<---$ INCORRECT??

cash paid for interest $=-27$

cash paid for income taxes$=-121$