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Sheffield Corp. reported net income of $1.15 million in 2022. Depreciation for the year was $184,000, accounts receivable decreased $402,500, and accounts payable decreased $322,000.

Sheffield Corp. reported net income of $1.15 million in 2022. Depreciation for the year was $184,000, accounts receivable decreased $402,500, and accounts payable decreased $322,000. Compute net cash provided by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a - sign eg.-15,000 or in parenthesis e.g. (15,000).) Sheffield Corp. Statement of Cash Flows-Indirect Approach Adjustments to reconcile net income to > $

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