Question: Compute net cash provided by operating activity? Ch.23 Test s 4 Question 7 of 15 - 16.8 View Policies Current Attempt in Progress Sheridan Corporation

Compute net cash provided by operating activity?

Compute net cash provided by operating activity? Ch.23 Test s 4 Question

Ch.23 Test s 4 Question 7 of 15 - 16.8 View Policies Current Attempt in Progress Sheridan Corporation reported net income of $54,900 in 2020. Depreciation expense was $18,500. The following working capital accounts changed. Accounts receivable $11,100 increase Available-for-sale debt securities 17,300 increase Inventory 8,000 increase Nontrade note payable 14,300 decrease Accounts payable 12,800 increase Compute net cash provided by operating activities. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Sheridan Corporation Statement of Cash Flows (Partial)

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