Use the following information for the Problems below. Lansing Company's 2017 Income statement and selected balance sheet data (for current assets and current habitles) at December 31, 2016 and 2017, follow. 143,20 LANSING COMPANY Income Statement for Year Ended December 31, 2017 Sales revenue Expenses Cost of goods sold Depreciation expense Salaries expense Rent expense Insurance expense Interest expense Utilities expense Net incoe 59,00 2e. See 35,000 10,700 5,500 5. Bee 4. See 7. Tee $ LANSING COMPANY Selected Balance Sheet Accounts At December 31 2017 Accounts receivable 2,300 Inventory 3.63 Accounts payable Salaries payable Utilities payable Prepaid insurance Prepaid pent 2016 9.200 2.390 Problem 16-2AB Direct: Computing cash flows from operations LO P5 Required: Prepare the cash flows from operating activities section only of the company's 2017 statement of cash flows using the direct method (Amounts to be deducted should be indicated with a minus sign.) LANSING COMPANY Cash Flows from Operating Activities Direct Method For Year Ended December 31, 2017 Cash flows from operating activities