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Current Attempt in Progress The following account balances ralate to the stockhalders' equity accounts of Sheridan Corp. at ysar-end. Asmall stock dividand was declared and

image text in transcribed Current Attempt in Progress The following account balances ralate to the stockhalders' equity accounts of Sheridan Corp. at ysar-end. Asmall stock dividand was declared and issued in 2022 . The maricet price of the shares issuad was $11,300. Cash dividends of $17,000 ware declared and paid in both 2022 and 2021 . The comman stock and preferred stock have no par or stated value. (a) What was the amount of net income raported by Sheridan Corp. in 2022 ? Netincome \& eTextbook and Medla Attempts: 0 of 5 used (b) Determine the amounts of ary cash inflows or outflows related to the common stock and dividend accounts in 2022 Commonstock S Dividands \$ eTextbook and Medla Attempts: 0 of 5 used (c) Indicate where each of the cash inflows or outflows identified in (b) would be classifed on the statement of cash flows. Common stock Dividands eTextbook and Medla

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