Hanna Company had net income of $59,500 for the year just ended. Balances in the company's current asset and current liability accounts at the beginning and end of the year were as follows: December 31 Beginning of End of Year Year Current assets: Cash and cash equivalents $ 62,000 $ 82,000 Accounts receivable $ 158,000 $ 194,000 Inventory $ 433,000 $ 343,000 Prepaid expenses $ 11,500 $ 13,000 Current liabilities: Accounts payable $ 360,000 $ 382,000 Accrued liabilities $ 8,500 $ 13,000 Income taxes payable $ 32,000 $ 28,000 The Accumulated Depreciation account had total credits of $50,000 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.)