Lansing Company’s 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 $ 121,200
Expenses
Cost of goods sold 50,000
Depreciation expense 16,000
Salaries expense 26,000
Rent expense 9,800
Insurance expense 4,600
Interest expense 4,400
Utilities expense 3,600
Net income $ 6,800

LANSING COMPANY
Selected Balance Sheet Accounts
At December 31 Current Year Prior Year
Accounts receivable $ 6,400 $ 7,400
Inventory 2,780 1,940
Accounts payable 5,200 6,200
Salaries payable 1,040 780
Utilities payable 380 240
Prepaid insurance 340 440
Prepaid rent 380 260Required: Prepare the operating activities section of the statement of cash flows using the indirect method for the curre deducted should be indicated with a minus sign.)