Current assets: Cash and cash equivalents $ 62,000 $ 80,000 Accounts receivable $ 160,000 $ 190,000 Inventory $ 433,000 $ 361,000 Prepaid expenses $ 12,000 $ 14,000 Current liabilities: Accounts payable $ 368,000 $ 398,000 Accrued liabilities $ 7,500 $ 13,000 Income taxes payable $ 34,000 $ 27,000 The Accumulated Depreciation account had total credits of $52,000 during the year. Hanna 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.

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.