Lansing Company$$s current$-$year income statement and selected balance sheet data at December $31$ of the current and prior years follow.

LANSING COMPANY

Income Statement

For Current Year Ended December $31$

Sales revenue $ $97,200$

Expenses

Cost of goods sold $42,000$

Depreciation expense $12,000$

Salaries expense $18,000$

Rent expense $9,000$

Insurance expense $3,800$

Interest expense $3,600$

Utilities expense $2,800$

Net income $ $6,000$

LANSING COMPANY

Selected Balance Sheet Accounts

At December $31$ Current Year Prior Year

Accounts receivable $ $5,600$ $ $5,800$

Inventory $1,9801,540$

Accounts payable $4,4004,600$

Salaries payable $880700$

Utilities payable $220160$

Prepaid insurance $260280$

Prepaid rent $220180$

Required:

Prepare the operating activities section of the statement of cash flows using the direct method for the current year.

Note: Amounts to be deducted should be indicated with a minus sign.