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For the year just completed, Hanna Company had net income of $35,000. Balances in the company's current asset and current llability accounts at the beginning
For the year just completed, Hanna Company had net income of $35,000. Balances in the company's current asset and current llability accounts at the beginning and end of the year were as follows: The Accumulated Depreciation account had total credits of $20,000 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 outflows as negative amounts.)
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