E17-38 The current sections of Rannier Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Rannier's net income for 2017 was $132,000. Depreciation expense was $15,000. 2017 2016 Current assets Cash $105,000 $ 99,000 Accounts receivable 110,000 94,000 Inventory 158,000 177,000 Prepaid expenses 27,000 22,000 Total current assets $400,000 $392,000 Current liabilities Accrued expenses payable $ 15,000 $ 5,000 Accounts payable 80,000 92,000 Total current liabilities $ 95,000 $ 97,000 Instructions Prepare the net cash provided by operating activities section of the company's statement of cash ows for the year ended December 31, 2017, using the indirect method