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 $104 Advances received with 2018 orders 187 Advances applicable to orders shipped in 2018 Advances from orders canceled in 2018 173 49 What amount should Lake report as a current liability for advances from customers in its Dec. 31, 2018, balance sheet? Multiple Choice $69 million. $118 million. Multiple Choice $69 million. $118 million. $291 million. $0