gnment e Help Save [The following information applies to the questions displayed below) Lamung Company's cument year income statement and selected belance sheet dels at December 31 of the current and prior years follow LANSING COMPANY Income Statement Fur Current Year Ended Decenter 31 Sales revenue Cost of goods sold Depreciation $97,200 42,000 expense Salaries expense Rent expense Insurance expense Interest expense Utilities expense 12,0 15,000 3, 3,40 Net inco LAWLING COMPANY Selected Salance Sheet Accounts At December 31 Accounts receivable Current Year Prior Year Inventory Accounts payable Selaries payable. Utilities payable Prepaid re 128 20 228 Required Pin the operating activities section of the stament of cash flows using the direct method for the coment ye Note: Amounts to be deducted should be indicated t < Prev 4 5 O 40 9 W R T Y U 1 P S D F G H 3 K L X C V B N M H 13 mand command