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 Sales revenue $ 97,200 Expenses Cost of goods sold Depreciation expense Salaries expense Rent expense Insurance expense Interest expense Utilities expense Net income LANSING COMPANY Selected Balance Sheet Accounts At December 31 42,000 12,000 18,000 9,000 3,800 3,600 2,800 $ 6,000 Accounts receivable Inventory Accounts payable Salaries payable Utilities payable Prepaid insurance Prepaid rent Current Year Prior Year $ 5,600 $ 5,800 1,980 1,540 4,400 4,600 880 220 260 220 700 160 280 180

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. Required: Prepare the operating activities section of the statement of cash flows using the direct method for the current year: Note: Amounts to be deducted should be indicated with a minus sign