Lansing Companys 2017 income statement and selected balance sheet data (for current assets and current liabilities) at December 31, 2016 and 2017, follow.

Lansing Company's 2017 income statement and selected balance sheet data (for current assets and current liabilities) at December 31, 2016 and 2017, follovw LANSING COMPANY Income Statement For Year Ended December 31, 2017 Sales revenue $ 115,200 Expenses Cost of goods sold 48,000 Depreciation 15,000 expense Salaries expense 24,000 9,600 Rent expense Insurance expense 4,400 Interest expense 4,200 Utilities expense 3.400 Net income 6,600 LANSING COMPANY Selected Balance Sheet Accounts At December 31 Accounts receivable 2017 6,2007,000 2,580 5,000 1,000 340 320 340 2016 1,840 5, 800 760 Inventory Accounts payable Salaries payable Utilities payable Prepaid insurance Prepaid rent 220 400 240 Required: Prepare the cash flows from operating activities section only of the company's 2017 statement of cash flows using the indirect method (Amounts to be deducted should be indicated with a minus sign.) LANSING COMPANY Cash Flows from Operating Activities-Indirect Method For Year Ended December 31, 2017 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by operations: Required: Prepare the cash flows from operating activities section only of the company's 2017 statement of cash flows using the direct method (Amounts to be deducted should be indicated with a minus sign LANSING COMPANY Cash Flows from Operating Activities-Direct Methoc For Year Ended December 31, 2017 Cash flows from operating activties