For the year just completed, Hanna Company had net income of $44,000. 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	$ 61,000	$ 85,000
Accounts receivable	$ 156,000	$ 188,000
Inventory	$ 451,000	$ 367,000
Prepaid expenses	$ 11,000	$ 13,000
Current liabilities:
Accounts payable	$ 368,000	$ 380,000
Accrued liabilities	$ 9,000	$ 12,000
Income taxes payable	$ 36,000	$ 27,000

The Accumulated Depreciation account had total credits of $48,000 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.)