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Exerclse 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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Exerclse 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 liablity accounts at the beginning and end of the year were as follows: The Accumulated Depreciation accourt had total credas of $50,000 duning the yeas. Hanno Company did not record any 9 ains or losses during the year. Required: Uhing the indifect method, determine the net cash provided by operating activites for the year (List any deduction in cash and cash outflows as negative amounts.) Requited: Using the indirect method, determine the net cash provided by operating activities for the year. (List any deduction in cash and cash putfiows as negative amounts.)

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