Question: Help System Announcements CALCULATOR PRINTER VERSION 4 BACK NEXT OURCES 2:01 Exercise 12-04 Sheridan Company reported net income of $178,690 for 2022. Sheridan Company also

 Help System Announcements CALCULATOR PRINTER VERSION 4 BACK NEXT OURCES 2:01

Help System Announcements CALCULATOR PRINTER VERSION 4 BACK NEXT OURCES 2:01 Exercise 12-04 Sheridan Company reported net income of $178,690 for 2022. Sheridan Company also reported depreciation expense of $32,350 and a loss of $4,690 on the disposal of plant assets. The comparativ balance sheets show an increase in accounts receivable of $14,240 for the year, a $15,590 increase in accounts payable, and a $4,050 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method. (Show amounts that decrease cash flow with either - sign .g. -15,000 or in parenthesis 4.9. (15,000).) Sheridan Company Partial Statement of Cash Flows by Study Adjustments to reconcile net income to Click if you would like to show Work for this questioni Open Show Work

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