For the just completed year, Hanna Company had net income of $68,500. 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	$	78,000
Accounts receivable	$	160,000	$	182,000
Inventory	$	439,000	$	358,000
Prepaid expenses	$	11,500	$	14,500
Current liabilities:
Accounts payable	$	358,000	$	390,000
Accrued liabilities	$	8,500	$	12,500
Income taxes payable	$	35,000	$	29,000

The Accumulated Depreciation account had total credits of $52,000 during the year. Hanna Company did not record any gains or losses during the year.

Required:

Using 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.)