For the year just completed, Hanna Company had net income of $69,000. 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 $ 59,000 $ 77,000 Accounts receivable $ 154,000 $ 186,000 Inventory $ 439,000 $ 352,000 Prepaid expenses $ 12,000 $ 13,500 Current liabilities: Accounts payable $ 358,000 $ 390,000 Accrued liabilities $ 8,000 $ 12,500 I