Required information

Use the following information for the Problems below. $($Static$)$

$[$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.

$\backslash$table$[[\backslash$table$[[$LANSING COMPANY$],[$Income Statement$],[$For Current Year Ended December $31]]],[$Sales revenue,$$97,200$