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Sheridan Company reported net income of $94000 for the year ended December 31, 2019. During the year, inventories decreased by $15500, accounts payable decreased by
Sheridan Company reported net income of $94000 for the year ended December 31, 2019. During the year, inventories decreased by $15500, accounts payable decreased by $20500, depreciation expense was $18100 and a gain on disposal of equipment of $8900 was recorded, Net cash provided by operating activities in 2019 using the Indirect method was $109500 $107100 $90300 $98200
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