player/index. Question 2 of 5 < > The following information is available for Sheridan Company for the year ended December 31, 2022. Beginning cash balance $ 12,000 Accounts payable increase 2,850 Depreciation expense 20,500 Accounts receivable decrease 2,400 Inventory decrease 1,550 Net income 28,600 Cash received for sale of land at book value 52,000 Cash dividends paid 19,000 Income taxes payable decrease 1,950 Cash used to purchase land 40,500 Cash used to redeem bonds 33,000 Cash received from issuing stock 80,000 3/20 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a -sign eg.-15,000 of parenthesis e.g. (15,000).) Sheridan Company Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Q Search hp W