Lansing Companys 2015 income statement and selected balance sheet data (for current assets and current liabilities) at December 31, 2014 and 2015 follow.

Required 1.Prepare the cash flows from operating activities section only of the companys 2015 statement of cash flows using the indirect method.

2.Prepare the cash flows from operating activities section only of the companys 2015 statement of cash flows using the direct method.