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[The following information applies to the questions displayed below.] Lansing Company's current-year income statement and selected balance sheet data at December 31 of the current and prior years follow. L.ANSING COMPANY Selected Balance Sheet Accounts At December 31 Current Year Prior Year LANSING COMPANY Income Statement For current Year Ended December 31 Sales revenue $127,200 Expenses Cost of goods sold 52,000 Depreciation expense 17,000 Salariesexpense28,000 Interest expense 4,600 Utilities expense Net income LANSING COMPANY Selected Balance Sheet Accounts AtDecember31AccountsreceivableInventoryAccountspayableSalariespayableUtilitiespayablePrepaidinsurancePrepaidrentCurrentYear$6,6002,9805,4001,080420360420PriorYear$7,8002,0406,600800260480280 Required: Prepare the operating activities section of the statement of cash flows using the indirect method for the current year. (Amounts to be LANsini COMPANY For Current Year Endid December 31 Cash flows from operating activities: Adustments to reconcile net income to net cash provided by operations: Income statement items not alfecting cash Changes in current assets and current liabilities