Lansing Company's current-year income statement and selected balance sheet data st December 31 of the current and prior years follow. LANSING COMPANY Income Statement For Current Year Ended December 31 Sales revenue $115, 200 Expenses Cost of goods sold 48,000 Depreciation expense 15,000 Salaries expense 24, eee Rent expense 9,680 Insurance expense 4,480 Interest expense 4,200 Utilities expense 3,480 Net income $ 6, 680 LANSING COMPANY Selected Balance Sheet Accounts Current At December 31 Prior Year Year Accounts receivable $6,280 $7. Bee Inventory 2,580 1.840 Accounts payable 5,000 5,800 Salaries payable 1,888 76e Utilities payable 340 22e Prepaid insurance 320 400 Prepaid rent 348 240 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 Cash Flows Opening Active For Current or the A ccomach