For the just completed year, Hanna Company had net income of $71,000. Balances in the companys current asset and current liability accounts at the beginning and end of the year were as follows:

	December 31
	End of Year		Beginning of Year
Current assets:
Cash	$	60,000	$	79,000
Accounts receivable	$	154,000	$	184,000
Inventory	$	448,000	$	358,000
Prepaid expenses	$	11,500	$	14,000
Current liabilities:
Accounts payable	$	368,000	$	398,000
Accrued liabilities	$	8,500	$	12,500
Income taxes payable	$	35,000	$	29,000

The Accumulated Depreciation account had total credits of $48,000 during the year. Hanna Company did not record any gains or losses during the year.

Required: Create Statement of Cash flow - Indirect method