For the just completed year, Hanna Company had net income of $35,000. Balances in the company’s 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	$	30,000	$	40,000
Accounts receivable	$	125,000	$	106,000
Inventory	$	213,000	$	180,000
Prepaid expenses	$	6,000	$	7,000
Current liabilities:
Accounts payable	$	210,000	$	195,000
Accrued liabilities	$	4,000	$	6,000
Income taxes payable	$	34,000	$	30,000

The Accumulated Depreciation account had total credits of $20,000 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 outflows as negative amounts.)