Lansing Company's 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 Sales revenue $112,200 Expenses Cost of goods sold 47,000 Depreciation expense 14,500 Salaries expense 23,000 Rent expense 9,500 Insurance expense 4,300 Interest expense 4,100 Utilities expense 3,300 Net income $ 6,500 LANSING COMPANY Selected Balance Sheet Accounts At December 31 2017 2016 Accounts receivable $6,100 $6,800 Inventory 2,480 1,790 Accounts payable 4,900 5,600 Salaries payable 980 750 Utilities payable 320 210 Prepaid insurance 310 380 Prepaid rent 320 230 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 $ 0