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	$	115,200
Expenses
Cost of goods sold		48,000
Depreciation expense		15,000
Salaries expense		24,000
Rent expense		9,600
Insurance expense		4,400
Interest expense		4,200
Utilities expense		3,400
Net income	$	6,600

LANSING COMPANY Selected Balance Sheet Accounts
At December 31	Current Year					Prior Year
Accounts receivable		$	6,200				$	7,000
Inventory			2,580					1,840
Accounts payable			5,000					5,800
Salaries payable			1,000					760
Utilities payable			340					220
Prepaid insurance			320					400
Prepaid rent			340					240

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.)