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 $ 30,000 $ 125,000 $ 213,000 $ 6,000 $ 210,000 $4,000 $ 34,000 Beginning of Year $ 40,000 $ 106,000 $ 180,000 $ 7,000 $ 195,000 $6,000 $ 30,000 The Accumulated Depreciation account had total credits of $20,000. Hanna Company's net income was $35,000 and it did not record any gains or losses on the sale of noncurrent assets. Required: Using the indirect method, calculate the net cash provided by operating activities for the year. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Hanna Company Statement of Cash Flows-Indirect Method (partial) Saved Help Save & Exit Submit

The Accumulated Depreciation account had total credis of $20,000. Hanna Compary's net income was $35,000 and it did not recond any gains or losses on the sale of noncurrent assets. Required: Using the indirect method, calculate the net cash provided by operating activities for the yeat Note: Cosh outflows and amounts to be deducted should be indicated with a minus sign