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Brief Exercise 12-05 The net income for Sheridan Company for 2020 was $350,000. For 2020, depreciation on plant assets was $69,700, and the company incurred

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Brief Exercise 12-05 The net income for Sheridan Company for 2020 was $350,000. For 2020, depreciation on plant assets was $69,700, and the company incurred a loss on disposal of plant assets of $13,300 Compute net cash provided by operating activities under the indirect method, assuming there were no other relevant changes in the company's accounts. (Show amounts that decrease cash flow with either a signe.g. -15,000 or in parenthesis e.g. (15,000).) Sheridan Company Statement of Cash Flows-indirect Method Adjustments to reconcile net income to Question Attempts: 0 of 1 used

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