Lansing Companys current-year income statement and selected balance sheet data at December 31 of the current and prior years follow.

LANSING COMPANY Income Statement For Current Year Ended December 31
Sales revenue	$	133,200
Expenses
Cost of goods sold		54,000
Depreciation expense		18,000
Salaries expense		30,000
Rent expense		10,200
Insurance expense		5,000
Interest expense		4,800
Utilities expense		4,000
Net income	$	7,200

LANSING COMPANY Selected Balance Sheet Accounts
At December 31	Current Year					Prior Year
Accounts receivable		$	6,800				$	8,200
Inventory			3,180					2,140
Accounts payable			5,600					7,000
Salaries payable			1,120					820
Utilities payable			460					280
Prepaid insurance			380					520
Prepaid rent			460					300

Required: 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.) For current year ended dec 31.

Cash flow from operating activities:
net income or net loss
adjustments to reconcile net income to net cash provided by operations: