Required information The following information applies to the questions displayed below] Lansing Company's 2017 Income statement and selected balance sheet data for current assets and current abilities at December 31, 2016 and 2017, follow. LANSING COMPANY Income statement For Year Ended December 31, 2017 Sales revenue $97,200 Expenses Cost of goods sold 42,000 Depreciation 12,000 expense Salaries expense 18,000 Rent expense 9.000 Insurance expense 3,800 Interest expense 3,600 Utilities expense 2,800 Net income $ 6.000 LANSING COMPANY Selected Balance sheet Accounts At December 31 2017 2016 Accounts receivable $5,600 $5,800 Inventory 1,980 1.540 Accounts payable 4,400 4.600 Salaries payable 880 700 Utilities payable 220 160 Prepaid insurance 260 280 Prepaid rent 220 180 Required: Prepare the cash flows from operating activities section only of the company's 2017 statement of cash flows using the indirect method (Amounts to be deducted should be indicated with a minus sign.) LANSING COMPANY Cash Flows from Operating Activities-Indirect Method For Year Ended December 31, 2017 Cash flows from operating activities: Net Income $ 6,000 Adjustments to reconcile net income to net cash provided by operations: Depreciation expense $ 6.000