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The second picture is the question. Lansing Company's 2016 income statement and selected balance sheet data (for current assets and cument labutes at December 31,

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image text in transcribedThe second picture is the question.
Lansing Company's 2016 income statement and selected balance sheet data (for current assets and cument labutes at December 31, 2015 and 2016, follow. Income Statement For Year Ended December 31, 2016 Sales revenue 64.000 Cost of goods sold 20,000 Depreciation expense Salaries expense 10,000 Insurance expense 2,000 1.500 21,200 Selected Balance Sheet Accounts 2016 2015 3700 3830 Accounts receivable 1,190 Accounts payable Salaries payable 120 160 140 Required ofthe 2016 statement of cash fowNusing the indirect method. Amounts to be deducted should be Prepare the cash flows from operating activities section only company's indicated with a minus sign.) SING C Cash Flows from operating Activities-Indirect Method For Year Ended December 31, 2016

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