The current sections of Nasreen Inc.€™s balance sheets at December 31, 2013 and 2014, are presented here. Nasreen€™s net income for 2014 was $153,000. Depreciation expense was $24,000.

Instructions
Prepare the net cash provided by operating activities section of the company€™s statement of cash flows for the year ended December 31, 2014, using the indirectmethod.

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2014 2013 Current assets Cash Accounts receivable Inventory Prepaid expenses $105,000 99,000 79,000 172,000 25,000 400,000$375,000 110,000 158,000 27,000 Total current assets Current liabilities Accrued Accounts payable expenses payable 15,000 85,000 9,000 95,000 Total current liabilities 100,000 $104,000