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8 Lansing Company's 2015 income statement and selected balance sheet data (for current assets and current liabilities) at December 31, 2014 and 2015, follow. 2.5

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8 Lansing Company's 2015 income statement and selected balance sheet data (for current assets and current liabilities) at December 31, 2014 and 2015, follow. 2.5 points LANSING COMPANY Income Statement For Year Ended December 31, 2015 $60,000 Sales revenue Expenses eBook Print References Cost of goods sold Depreciation expense Salaries expense Rent expense Insurance expense Interest expense Utilities expense 20,000 10,000 1,500 1,700 1,300 1,400 Net income $ 18,100 LANSING COMPANY Sclected Balance Sheet Accounts $3,700 $3,830 Accounts payable 1,200 1,300 110 8o At December 31 2015 2014 Accounts Inventory Salaries payable receivable 850 736 410 280 Utilities payable 8 LANSING COMPANY Selected Balance Sheet Accounts At December 3 Accounts 31 2015 2014 $3,700 $3,830 2.5 points receivable Inventory Accounts payable Salaries payable Utilities payable Prepaid insurance Prepaid rent 1,200 110 120 850 736 1,300 410 280 80 130 110 80 eBook Print Required: Prepare the cash flows from operating activities section only of the company's 2015 statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign) LANSING COMPANY Cash Flows from Operating Activities-Indirect Method For Year Ended December 31, 2015 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by operations Prex 8 of S Next > Prepare the cash flows from operating activities section only of the company's 2015 statement of cash flows using the indirect method. (Amounts to be deducted should be ndicated with a minus sign.) 2.5 points LANSING COMPANY Cash Flows from Operating Activities-Indirect Method For Year Ended December 31, 2015 eBook Cash flows from operating activities: Print Adjustments to reconcile net income to net cash provided by operations

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