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Question 40 of 42 < > Current Attempt in Progress Sheridan Company prepared the tabulation below at December 31, 2022. Net Income Adjustments to
Question 40 of 42 < > Current Attempt in Progress Sheridan Company prepared the tabulation below at December 31, 2022. Net Income Adjustments to reconcile net income to net cash provided by operating activities: $341,800 Depreciation expense Increase in accounts receivable Decrease in inventory $44,800 $51,800 $14,800 Amortization of patent Increase in accounts payable Decrease in interest receivable Increase in prepaid expenses $5,800 $7,400 $8,800 $7,800 Decrease in income taxes payable $3,300 Gain on sale of land $6,800 Net cash provided (used) by operating activities -/8 E
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