- The current sections of Barth Inc.'s balance sheets at December 31, 1995 and 1996, are presented below.

Barth's net income for 1996 was \(\$ 122,000\). Depreciation expense was \(\$ 24,000\).
\section*{Instructions}
Prepare the net cash provided by operating activities section of Barth Inc.'s statement of cash flows for the year ended December 31, 1996 using the indirect method.

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1996 1995 Current assets Cash $105,000 $ 99,000 Accounts receivable 110,000 89,000 Inventory 171,000 186,000 Prepaid expenses 27,000 32,000 Total current assets $413,000 $406,000 Current liabilities Accrued expenses payable $ 15,000 $ 5,000 Accounts payable $ 85,000 $ 92,000 Total current liabilities $100,000 $ 97,000