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Prepare the operating activities section of the statement of cash flows using the direct method for the current year. Please use the template below. The
Prepare the operating activities section of the statement of cash flows using the direct method for the current year.
Please use the template below. The highlighted areas are answer slots.
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Lansing Company's current-year Income statement and selected balance sheet data at December 31 of the current and prlor years follow. \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ LAN SING COMPANY } \\ \hline Cash Flows from Operating Activities-Direct Method \\ \hline Cash flows from operating activities & \\ \hline \multicolumn{2}{|c|}{ For Current Year Ended December 31} \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular}Step by Step Solution
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