Current Attempt in Progress

Sheridan Corp. uses the direct method to prepare its statement of cash flows. Sheridan's trial balances at December $31,2025$ and $2024,$ are as follows.

$\backslash$table$[[$December $31],[$bits$,2025,2024],[$Cash$,$$$34,600,$$$31,700],[$Accounts receivable,$32,600,30,300],[$Inventory$,31,300,46,600],[$Property$,$ plant, and equipment,$99,700,94,700],[$Unamortized bond discount,$4,500,5,000],[$Cost of goods sold,$250,100,378,000],[$Selling expenses,$140,600,171,400],[$General and administrative expenses,$137,700,152\mathrm{.}200],[$Interest expense,$4,400,2\mathrm{.}700],[$Income tax expense,$20,200,60,600],[,$$$755,700,5973\mathrm{.}200]]$Question $8$ of $9$

Credits

$\backslash$table$[[$Allowance for doubtful accounts,$$1,300,$$$1,000],[$Accumulated depreciation$-$plant assets,$16,400,14,900],[$Accounts payable,$240C,15,400],[$Income taxes payable,$21,100,29,100],[$Deferred tax liability,$5,300,4,600],[8\%$ callable bonds payable,$44,800,20,000],[$Common stock,$50,200,40,000],[$Paid$-$in capital in excess of par,$9,200,7,500],[$Retained earnings,$44,300,64,700],[$Sales revenue,$538,200,776,000],[,$$$755,700,$$$973,200]]$

Additional information:

Sheridan purchased $$5,000$ in equipment during $2025.$

Sheridan allocated one$-$third of its depreclation expense to selling expenses a expenses.

Bad debt expense for $2025$ was $$5,000,$ and write$-$offs of uncollectible accourestion $8$ of $9$

$-12$

dditional information:

Sheridan purchased $$5,000$ in equipment during $2025.$

Sheridan allocated one third of its deprectatlon expense to selling expenses and the remainder to general and administrat expenses.

Bad debt expense for $2025$ was $$5,000,$ and write$-$offs of uncollectible accounts totaled $$4,700.$

Determine what amounts Sheridan should report in its statement of cash flows for the year ended December $31,2025,$ for the following items.

$2.$ Cash collected from customers. $ $$

b$.$ Cash paid to suppliers.

$3$

c$.$ Cash paid for interest.

$5$

d$.$ Cash paid for income taxes.

$ $$

e$.$ Cash paid for selling experises. $ $$

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