2 3 points For the year just completed, Hanna Company had net income of $69,000. Balances in the company's current asset and current liability accounts at the beginning and end of the year were as follows: December 31 End of Year Beginning of Year $63,000 $150,000 $82,000 $190,000 $355,000 Check my work P H 10 10 Current ascota Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Current liabil Accounts payable Accrued liabilities Income taxes payable 445,000 $12,000 $360,000 8,000 $33,000 $ 14,000 $334,000 $12,500 $25,000 The Accumulated Depreciation account had total credits of $42.000 during the year, Hanna Company did not record any gains or losses during the year. Required: Using the indirect method, determine the net cash provided by operating activities for the year (List any deduction in cash outflows as negative amounts.) Hanna Company Statement of Cash Flows-Indirect Method (partial) Net income Adjustments to convert net income to a cash bas Depreciation $ 42.000 09.000 Net cash provided by operating activities $ 42.000 111,000