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	$ 133,200
Expenses
Cost of goods sold	54,000
Depreciation expense	18,000
Salaries expense	30,000
Rent expense	10,200
Insurance expense	5,000
Interest expense	4,800
Utilities expense	4,000
Net income	$ 7,200

LANSING COMPANY
Selected Balance Sheet Accounts
At December 31	Current Year	Prior Year
Accounts receivable	$ 6,800	$ 8,200
Inventory	3,180	2,140
Accounts payable	5,600	7,000
Salaries payable	1,120	820
Utilities payable	460	280
Prepaid insurance	380	520
Prepaid rent	460	300

LANSING COMPANY
Cash Flows from Operating ActivitiesIndirect Method
For Current Year Ended December 31
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operations:
Income statement items not affecting cash
Changes in current assets and current liabilities
		0
		$0