Hanna Company's current asset and current liability account balances at the beginning and end of the year were as follows: December 31 Beginning of Year Current assets: Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Current liabilities: Accounts payable Accrued liabilities Income taxes payable End of Year $ 61,000 $ 154,000 $ 448,000 $ 11,500 $362,000 $ 7,500 $ 35,000 $ 84,000 $ 184,000 $ 361,000 $ 14,500 $ 396,000 $ 12,000 $ 28,000 The Accumulated Depreciation account had total credits of $42,000. Hanna Company's net income was $81,000 and it did not record any gains or losses on the sale of noncurrent assets. Required: Using the indirect method, calculate the net cash provided by operating activities for the year. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign.

Hanna Company's current asset and current liability account balances at the beginning and end of the year were as follows: The Accumulated Depreciation account had total credits of $42,000. Hanna Company's net income was $81,000 and it did not record any gains or losses on the sale of noncurrent assets. Required: Using the indirect method, calculate the net cash provided by operating activities for the year. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Hanna Company's current asset and current liability account balances at the beginning and end of the year were as follows: The Accumulated Depreciation account had total credits of $42,000. Hanna Company's net income was $81,000 and it did not record any gains or losses on the sale of noncurrent assets. Required: Using the indirect method, calculate the net cash provided by operating activities for the year. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign