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 Income Statement For Year Ended December 31, 2017 $133,200 Sales revenue Expenses Cost of goods sold Depreciation expense Salaries expense 54,000 18,000 30,000 10,200 5,000 4,800 4,000 Rent expense Insurance expense Interest expense Utilities expense $ 7,200 Net income LANSING COMPANY Selected Balance Sheet Accounts At December 31 2017 2016 $6,800 3,180 Accounts receivable $8,200 2,140 7,000 Inventory Accounts payable Salaries payable Utilities payable Prepaid insurance Prepaid rent 5,600 1,120 820 460 280 380 520 300 460 Problem 12-2AB Direct: Computing cash flows from operations LO P5 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 Method For Year Ended December 31, 2017 Cash flows from operating activities Net income $ 0