Question: Can someone explain how to do this Required information Use the following information for the Problems below. (The following information applies to the questions displayed

Can someone explain how to do this Can someone explain how to do this Required information Use the following
information for the Problems below. (The following information applies to the questions

Required information Use the following information for the Problems below. (The following information applies to the questions displayed below) Lansing Company's current year income statement and selected balance sheet data at December 31 of the current and prior years follow LANCOM Taco Blatest Tot Current Year December 31 sales reven 3157,200 Expenses Cost of goods sold 62,000 Depreciation expense 22,000 salaries exp 3,000 Bent expose 11.000 Insurance expe 5.800 Interest expense Utilities expert Net income $8.000 LA COMANE Selected balance sheet Account At Der Carrot Teater Test Ants receivable $7.600 Inventory 3,90 3.560 Accounts payable 5.600 Mares payable 1.200 300 tas payable 620 Deepaid in 606 Prepaid re 620 8.660 Problem 12-1A Indirect: Computing cash flows from operations LO P2 Required: Prepare the operating activities section of the statement of cash flows using the Indirect method for the cument your (Amounts to be deducted should be indicated with a minus sign) LANSING COUPANY Cut Resim Art Method Fort de Dub Cashes from operating sites Mustments to reconcione che provided by: Required information Use the following information for the Problems below. The following information applies to the questions displayed below) Lansing Company's current-year income statement and selected balance sheet data st December 31 of the current and prior years follow. LAST COMPANY Income Statement Tor Current Year Ended December 31 Sales revenge $157,200 Expenses Coat of goods sold 62.000 Depreciation expense 22.000 salaries expense 38,000 Ment expense 11,000 Travance expen 5,800 Interest expert Utilities expense Net Income $ 0.000 5.600 LANSING COMPANY Selected Balance sheet counts At December 31 Current Tear Accounts receive 57.600 Inventory 1.980 Accounts payable 6.400 salaries payable 1,200 cilities payable 620 Prepaid more Prepaid rent 620 Teloe Tea $9.800 2.540 3.600 900 360 680 380 460 Problem 12-1A Indirect: Computing cash flows from operations LO P2 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 Current Year Ended December 11 Cash fotom operating the Aumento con incontent provided by operations

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