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Exercise 15.2 (Algo) Net Cash Provided by Operating Activities [LO15-2] For the year just completed, Hanna Company had net income of $54,500. Balances in the

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Exercise 15.2 (Algo) Net Cash Provided by Operating Activities [LO15-2] For the year just completed, Hanna Company had net income of $54,500. Balances in the company's current asset and current liab lity iccounts at the beginning and end of the year were as follows: The Accumulated Depreciation account had total credits of $46,000 dunng the yeac. Hanne Company did not record any gains or osses during the year. Required: Using the indrect method, determine the net cash provided by operating activities for the year. (List any deduction in cash and cash putflows as negative amounts.) lequired: Jsing the indirect method, determine the net cash provided by operating activities for the year. (List any deduction in cash and cash outflows as negative amounts.)

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