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

$[$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.

LANSING COMPANY

Income Statement

For Current Year Ended December $31$

Sales revenue $ $142,200$

Expenses

Cost of goods sold $57,000$

Depreciation expense $19,500$

Salaries expense $33,000$

Rent expense $10,500$

Insurance expense $5,300$

Interest expense $5,100$

Utilities expense $4,300$

Net income $ $7,500$

LANSING COMPANY

Selected Balance Sheet Accounts

At December $31$ Current Year Prior Year

Accounts receivable $ $7,100$ $ $8,800$

Inventory $3,4802,290$

Accounts payable $5,9007,600$

Salaries payable $1,180850$

Utilities payable $520310$

Prepaid insurance $410580$

Prepaid rent $520330$Required:

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

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