For the year just completed, Hanna Company had net income of $84,000. 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	$ 60,000	$ 83,000
Accounts receivable	$ 158,000	$ 190,000
Inventory	$ 445,000	$ 343,000
Prepaid expenses	$ 12,500	$ 13,500
Current liabilities:
Accounts payable	$ 356,000	$ 394,000
Accrued liabilities	$ 9,000	$ 12,000
Income taxes payable	$ 32,000	$ 27,000

The Accumulated Depreciation account had total credits of $56,000 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.)

Hanna company

Statement of cash flows-Indirect method (partial)