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Current Attempt in Progress The following selected accounts from Sheridan Corporation's general ledger are for the year ended December 31, 2025. Accounts receivable $263,000

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Current Attempt in Progress The following selected accounts from Sheridan Corporation's general ledger are for the year ended December 31, 2025. Accounts receivable $263,000 Accumulated depreciation-equipment 768,500 Advertising expense 54,500 Common stock 240,000 Cost of goods sold 1,178,000 Depreciation expense 134,500 Dividends 158,000 Equipment 1,430,000 Freight-out 24,600 Income tax expense 70,500 Insurance expense 23.000

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