The just completed year, Hanna Company had a net income of $35,000. Balances in the company's current asset and current liability accounts at the beginning and end of the year were:< End of the Year Beginning of the Year Current Assets: Cash $30,000 $40,000 Accounts recievable $125,000 $106,000 Inventory $213,000 $180,000 Prepaid Expenses $6,000 $7,000 Current Liabilities: Accounts Payable $210,000 $195,000 Accrued Liabilities $4,000 $6,000 The Deferred Income Taxes Payable account on the balance sheet increased by $4,000 during the year, and depreciation charges were $20,000.

Required: Using the indirect method, determine the net cash provided by operating activities for theyear.