ces For the year just completed, Hanna Company had net income of $63,500. Balances in the company's current asset and current liability accounts at the beginning and end of the year were as follows: Current assets: Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Current liabilities: Accounts payable Accrued liabilities Income taxes payable December 31 End of Year $ 61,000 $164,000 $ 439,000 $ 12,000 $ 362,000 $9,000 $ 33,000 Beginning of Year $ 82,000 $ 190,000 $361,000 $ 14,000 $ 382,000 $ 11,500 $ 26,000 The Accumulated Depreciation account had total credits of $40,000 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)

For the year just completed, Hanna Company had net income of $63,500. Balances in the company's current asset and current liability accounts at the beginning and end of the year were as follows: The Accumulated Depreciation account had total credits of $40,000 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 activites for the yoac (List any deduction in cash outfiows as negative amounts.)