Required information

[The following information applies to the questions displayed below.] 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	$	124,200
Expenses
Cost of goods sold		51,000
Depreciation expense		16,500
Salaries expense		27,000
Rent expense		9,900
Insurance expense		4,700
Interest expense		4,500
Utilities expense		3,700
Net income	$	6,900

LANSING COMPANY Selected Balance Sheet Accounts
At December 31	Current Year					Prior Year
Accounts receivable		$	6,500				$	7,600
Inventory			2,880					1,990
Accounts payable			5,300					6,400
Salaries payable			1,060					790
Utilities payable			400					250
Prepaid insurance			350					460
Prepaid rent			400					270

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.)

LANSING COMPANY
Cash Flows from Operating ActivitiesIndirect Method
For Current Year Ended December 31
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operations:
		0
		$0