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Saved Help Sav Required information The following information applies to the questions displayed below.) Lansing Company's 2018 income statement and selected balance sheet data (for

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Saved Help Sav Required information The following information applies to the questions displayed below.) Lansing Company's 2018 income statement and selected balance sheet data (for current assets and current liabilities, at December 31, 2017 and 2018, follow. LANSING COMPANY Income Statement For Year Ended December 31, 2018 Sales revenue $ 97,200 Expenses Cost of goods sold 42,800 Depreciation expense 12,000 Salaries expense 18,683 Rent expense 9,000 Insurance expense 3,888 Interest expense 3,600 Utilities expense 2,800 Net income $ 6,000 LANSING COMPANY Selected Balance Sheet Accounts At December 31 2015 2017 Accounts receivable 5 5,600 55,800 Inventory 1,9ce 1,540 Accounts payable 4,400 4.603 Salaries Davable 682 700 Prev 1 of 1 Next earch Help Required: Prepare the cash flows from operating activities section only of the company's 2018 statement of cash flows using the indirect me (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, 2018 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operations Income statement items not affecting cash Depreciation expense 7.400 Changes in current operating assets and liabilities II Pre 1 of 1 Next search

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