The current sections of Putzier Inc.'s balance sheets at December 31, 2011 and 2012, are presented here. Putzier's net income for 2012 was $153,000. Depreciation expense was $27,000.
![](https://www.solutioninn.com/images3/48-B-A-B-S-C-F%20(264).PNG)
Instructions
Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2012, using the indirect method.