Sheridan Company reported net income of $199,300 for 2019. Sheridan also reported depreciation expense of $46,900 and a loss of $6,500 on the disposal of plant assets. The comparative balance sheet shows a decrease in accounts receivable of $17,600 for the year, a $19,600 increase in accounts payable, and a $4,900 decrease in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2019 (below). Use the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Sheridan Company Partial Statement of Cash Flows Adjustments to reconcile net income to