For the just completed year, Hanna Company had net income of $127,000. Balances in the company's current asset and current llability accounts at the beginning and end of the year were as follows: The Accumulated Depreciation account had total credits of $58,000 during the yeac. Hanna Company did not record any gains or losses during the year. The company's income statement for the year appears below. lequired: Jsing the direct method, convert the company's income statement to a cash basis. (Adjustment amounts that are to be deducted thould be indicated with a minus sign.) For the just completed year, Hanna Company had net income of $127,000. Balances in the company's current asset and current llability accounts at the beginning and end of the year were as follows: The Accumulated Depreciation account had total credits of $58,000 during the yeac. Hanna Company did not record any gains or losses during the year. The company's income statement for the year appears below. lequired: Jsing the direct method, convert the company's income statement to a cash basis. (Adjustment amounts that are to be deducted thould be indicated with a minus sign.)