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need help with statement of cash flows Show all images Show all images Show all images done loading Required information [The following information applies to
need help with statement of cash flows
Required information [The following information applies to the questions displayed below.] Lansing Company's 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 $ 97,200 42, ooo 12,000 18,000 $ 6,000 $ 5,800 Sales revenue Expenses Cost of goods sold Depreciation expense Salaries expense Rent expense Insurance expense Interest expense Utilities expense Net income LANSING COMPANY 9,000 3,800 3,600 2,800 Selected Balance Sheet Accounts At December 31 Accounts receivable Invento ry Accounts payable Salaries payable Utilities payable Prepaid insurance Prepaid rent Current Year $ 5,600 1,980 880 220 260 220 Prior Year 1,540 4, 600 700 160 280 180
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