For the just completed year, Hanna Company had net income of $78,500. 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 and cash equivalents $ 62,000 $ 85,000 Accounts receivable $ 158,000 $ 182,000 Inventory $ 439,000 $ 361,000 Prepaid expenses $ 12,000 $ 14,000 Current liabilities: Accounts payable $ 364,000 $ 398,000 Accrued liabilities $ 8,500 $ 12,500 Income taxes payable $ 34,000 $ 30,000 The Accumulated Depreciation account had total credits of $42,000 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.)