Since a weekend getaway is a private good, if Musashi chooses to spend $300 on a weekend getaway, Musashi would get $300 of benefit from the weekend getaway and Sean wouldn't receive any benefit from Musashi's choice. If Musashi still spends $300 on a weekend getaway and Sean chooses to contribute $300 to the water fountain, Musashi would still receive the $210 of benefit from Sean's generosity. In other words, if Musashi decides to keep the $300 for a weekend getaway and Sean decides to contribute the $300 to the public project, then Musashi would receive a total benefit of $300 $210

Required information lansing company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at december 31, 2016 and 2017, follow. lansing company income statement for year ended december 31, 2017 sales revenue $130,200 expenses cost of goods sold 53,000 depreciation expense 17,500 salaries expense 29,000 rent expense 10,100 insurance expense 4,900 interest expense 4,700 utilities expense 3,900 net income $7,100 lansing company selected balance sheet accounts at december 31 2017 2016 accounts receivable $6,700 $8,000 inventory 3,080 2,090 accounts payable 5,500 6,800 salaries payable 1,100 810 utilities payable 440 270 prepaid insurance 370 500 prepaid rent 440 290 required: prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (amounts to be deducted should be indicated with a minus sign.)