Year For the year just completed, Hanna Company had net income of $52,000 Balonces 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 ind of Year Current assets Cash and cash equivalents $ 57.000 $ 32,000 Accounts receivable $ 150,000 $ 194,000 Inventory $ 442,000 $ 355,000 Prepaid expenses $ 11,000 $ 15,000 Current liabilities Accounts payable $ 366,000 $ 400,000 Accrued liabilities $ 9,000 $ 11,500 Income taxes payable $ 36,000 $ 27,000 The Accumulated Depreciation account had total credits of $54,000 during the year. Honna 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.) 52,000 Hanna Company Statement of Cash Flows - Indirect Method (partial) Net income Adjustments to convert net income to a cash basis: Depreciation Decrease in accounts receivable nu Mart