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Here are comparative balance sheets for Sheridan Company. Prepare astatement of cash flows-indirect method. Additional information: 1. Net income for 2020 was $97.000. 2 Cashdividends

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Here are comparative balance sheets for Sheridan Company. Prepare astatement of cash flows-indirect method. Additional information: 1. Net income for 2020 was $97.000. 2 Cashdividends of $6.000 were declared and pald. 3. Bonds paysable amounting to $63,000 were redeemed for cash $63,000 4 Common stock was issued for $36,000 cash. 5. Equipment that cost $50,000 and had a book value of $27,000 was sold for $35,000 during 2020 , land was sold at cost (a)

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