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Prepare the operating activities section of the statement of cash flows for the year ended November 30,2022 , for Sheffield Company. using the indirect method.

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Prepare the operating activities section of the statement of cash flows for the year ended November 30,2022 , for Sheffield Company. using the indirect method. (Show amounts that decrease cash flow with either a - sign eg:-15,000 or in parenthesis eg. (15,000).) A'dditional information: 1. Accounts receivable decreased $386,200 during the year, and inventory decreased $444,700. 2. Prepaid expenses increased $174,500 during the vear, 3. Accounts payable to suppliers of inventory decreased $332.700 during the year 4. Accrued expenses payable decreased $104,600 during the year 5. Adiministrative expensesincludedepreciation expense of $111.500 Prepore the operating activities section of the statement of cash fows for the year ended November 30.2022 . for 5heiffeld Compary. using the indirect method. (Show omounts that decrease cash flow with either a sign eg. 15,000 or in parenthesis es: (15,000) ) SHEFFIELD CUMPANY Income Statement For the Year Ended November 30, 2022 Sales revenue $7,418,400 Cost of goods sold Beginning inventory Purchase Goods available for sale Ending inventory Total cost of goods sold Gross profit Operating expenses Selling expenses Administrative expenses Net income $2.072,900 4.421 .300 6.494 .200 1.628,200 4.866 .000 2,552,400 Adjustments to reconcile net income to

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