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Lansing Company's current year income statement and selected balance sheet data at December 31 of the current and prior years follow Part 1 of 2

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Lansing Company's current year income statement and selected balance sheet data at December 31 of the current and prior years follow Part 1 of 2 LANSING COMPANY Income Statement Tor current Year Ended December 31 Sales revence $100,200 Expenses Coat of goods sold 12.500 Salaries expense 19,000 3.700 Insurance Conse Interest expense Utilities expense Net Income $ 6,100 Reference Prior Year $6,000 LANSING COMPANY Selected balance sheet recounts At December 31 Current Year Accounts receivable 2.000 Accounts payable 4.500 Salaries payable Utilities payable Prepaid insurance Prepaid rent Hequired: Prepare the operating activities section of the statement of cash flows using the Indirect method for the current year, (Amounts to be deducted should be indicated with a minus sign.) Part 1 of 2 LANSING COMPANY Cash Flows from Operating Activities - Indirect Method For Current Year Ended December 31 Cash flows from operating activities Skipood Adjustments to reconcionat income to net cash provided by operations

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