Exercise 15-2 (Algo) Net Cash Provided by Operating Activities (LO15-2) For the year just completed, Hanna Company had net income of $87.500. Balances in the company's current asset and current nability accounts at the beginning and end of the year were as follows: End of Year Current cash and cash equivalents Accounts receivable Invatory prepapese Current abilities Accounts payable Accrued liabilities Income tax payante $5, $164.00 14. $4.000 136, # 11, 1), SO $ 31, $7.500 12,50 3, 2, The Accumulated Depreciation account had total credits of 544,000 dunng the year Hanna Company did not record any goins on losses during the year Required: Using the Indirect method, determine the net cash provided by operating activnes for the year. (Liut any deduction in cash and cash outflows as negative amounts.) Hanna Company Statement of Cash Flows-Indirect Method Exercise 15-2 (Algo) Net Cash Provided by Operating Activities (LO15-2) For the year just completed, Hanna Company had net income of $87.500. Balances in the company's current asset and current nability accounts at the beginning and end of the year were as follows: End of Year Current cash and cash equivalents Accounts receivable Invatory prepapese Current abilities Accounts payable Accrued liabilities Income tax payante $5, $164.00 14. $4.000 136, # 11, 1), SO $ 31, $7.500 12,50 3, 2, The Accumulated Depreciation account had total credits of 544,000 dunng the year Hanna Company did not record any goins on losses during the year Required: Using the Indirect method, determine the net cash provided by operating activnes for the year. (Liut any deduction in cash and cash outflows as negative amounts.) Hanna Company Statement of Cash Flows-Indirect Method