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clear picture clear picture update pls check this picture For the year completed, Hanne Company antico.com account the beginning and end of the yes were
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For the year completed, Hanne Company antico.com account the beginning and end of the yes were Current SER dasht Actre 10.00 12, tary $ 2,60 Prodantes $5.00 errent att At pwe Acrobat IM 1 M. The Accumulated Depreciation control of 20000 then losses during the Required Using the direct med dette progany dedicate Asegative amounts 3 For the year just completed, Hanna Company had net income of $15.000 Blancs in the company's current and current accounts at the beginning and end of the year were as follows: 334 Current se Beggar Cash and cash valents $30,000 Accounts receive 140.00 $125,000 106,00 Inventory S. $ 190,000 Prepaid expenses $. $ $ 7, Current Lilities Accounts payable $18.00 $15.00 Accrued liabilities $4,000 Income taxes pale 134.00 30. The Accumulated Depreciation accorted to credits of $20.000 during the year. Hanna Company did not record any losses during the year Required Using the Indirect method, determine the net ta provided by operating activities for the yew lint any deduction in cash outo as negative amounts) 1 For the year just completed. Hoon Company had net income of 535.000 Balances in the company's current stand current liability nccounts at the beginning and end of the year were as follows: Der Corrent ning of Cath and cash equivalents $ 30.000 48.00 A rechte 125,00 100,000 mentory $213.000 $10.00 Prepaid expenses 1,00 $7.000 Current abilities Ayol $ 210,000 $195.000 Accueil 14.000 $ 0.00 Incest while 14.0 The accused Depreciation account had to rest of $20.000 during the year. Hann Company of record any game Jose dug the year Teguleed Using the receno, determine the met een provided by operating activities for the year. In any nun in eashoutom as negative amounts: For the year just completed, Hanna Company had net income of $35,000. 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 Current assets: Cash and cash equivalents $ 30,000 $ 40,000 Accounts receivable $ 125,000 $ 106,000 Inventory $ 213,000 $100,000 Prepaid expenses $ 6,000 $ 7.000 Current liabilities: Accounts payable $ 210,000 $ 195,000 Accrued liabilities $ 4.000 $ 6,000 Income taxes payable $ 34,000 $ 30,000 The Accumulated Depreciation account had total credits of $20,000 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) Contribution margin o Step by Step Solution
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