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Exercise 13-2 (Algo) Net Cash Provided by Operating Activities [LO13-2] For the year Just completed, Hanna Company had net income of $77,500. Balances in the

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Exercise 13-2 (Algo) Net Cash Provided by Operating Activities [LO13-2] For the year Just completed, Hanna Company had net income of $77,500. 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 totai credits of $48,000 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.) 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.)

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