Question: US Help l System Announcements CALCULATOR PRINTER VERSION Multiple Choice Question 167 13 The following information relates to Sheridan Company: Prepaid Insurance, December 31, 2021

US Help l System Announcements CALCULATOR PRINTER VERSION Multiple Choice Question 167 13 The following information relates to Sheridan Company: Prepaid Insurance, December 31, 2021 $253700 23 Prepaid Insurance, December 31, 2022 235200 Insurance expense for 2017 1344000 n 31 Using the direct method of reporting cash flows from operating activities, what was the amount of cash paid for insurance premiums by Sheridan during 2022? on 39 O $1579200. O $1362500. $1325500. O $1362500. Click if you would like to Show Work for this question: Open Show Work SAVE FOR LATER SUBR Question Attempts: 0 of 1 used 328 11/20 ype here to search

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