Lake Co. receives nonrefundable advance payments with special orders for containers constructed to customer specifications. Related information for 2018 is as follows ($ in millions): Customer advances balance, Dec. 31, 2017 Advances received with 2018 orders $103 204 Advances applicable to orders shipped in 2018 Advances from orders canceled in 2018 181 54 What amount should Lake report as a current liability for advances from customers in its Dec. 31, 2018, balance sheet? What amount should Lake report as a current liability for advances from customers in its Dec. 31, 2018, balance sheet? Multiple Choice $307 million. $72 million. $126 million. $0