For the just completed year, Hanna Company had net income of $79,000. 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 and cash equivalents	$	65,000	$	85,000
Accounts receivable	$	168,000	$	196,000
Inventory	$	442,000	$	352,000
Prepaid expenses	$	12,000	$	14,000
Current liabilities:
Accounts payable	$	352,000	$	396,000
Accrued liabilities	$	7,500	$	11,500
Income taxes payable	$	35,000	$	28,000

The Accumulated Depreciation account had total credits of $58,000 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.