For the just completed year, Hanna Company had net income of $55,000. 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 $ 56,000 $ 77,000 Accounts receivable $ 166,000 $ 190,000 Inventory $ 442,000 $ 367,000 Prepaid expenses $ 11,500 $ 14,500 Current liabilities: Accounts payable $ 356,000 $ 386,000 Accrued liabilities $ 7,500 $ 12,000 Income taxes payable $ 35,000 $ 26,000 The Accumulated Depreciation account had total credits of $56,000 during the year. Hanna Company did not record any gains or losses during the year. Required: Use the indirect method to determine the net cash provided by (or used in) operating activities for the year. (List any deduction in cash and cash outflows as negative amounts.)