For the just completed year, Hanna Company had net income of $43,500. Balances in the company's current asset and current liability accounts at the beginning and end of the year were as follows End of Year Year Current assets: Cash Accounts receivable Prepaid expenses Accounts payable 55,000 81,000 S 152,000 $182,000 $ 436,000 370,000 12,000 13,000 Current labilities: S 362,000 $ 388,000 $7,500 11,500 34,000 26,000 Accrued liabilities Income taxes payable 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 Use the indirect method to (List any deduction in cash and cash outflows as negative amounts.) detarmine the net cash provided by (or used in) operating activities for the year Hanna Company Statement of Cash Flows-Indirect Method ( Net income Adjustments to convert net income to a cash basis Net cash provided by (used in) operating activities 2 3 4