Question: Current Attempt in Progress The following is a condensed version of the comparative balance sheets for Sheridan Corporation for the last two years at December

 Current Attempt in Progress The following is a condensed version ofthe comparative balance sheets for Sheridan Corporation for the last two yearsat December 31. Additional information: Investments were sold at a loss of

Current Attempt in Progress The following is a condensed version of the comparative balance sheets for Sheridan Corporation for the last two years at December 31. Additional information: Investments were sold at a loss of $20,000; no equipment was sold; cash dividends paid were $60,000; and net income was $320,000. (a) F Your answer is partially correct. Prepare a statement of cash flows for 2025 for Sheridan Corporation. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000). Determine Sweet Corporation's free cash flow. (Show amount that decrease cash flow with either a-sign e.g. - 15,000 or in parenthesis e.g. (15,000). Free cashflow \$

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