Sheridan Company Statement of Cash Flows For the Year Ended December 31, 2019 Cash Flows from Operating Activities Net Income $ 22,600 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Decrease in Accounts Receivable $ 2200 Depreciation Expense 2 4100 Loss on Disposal of Land 1300 Decrease in Accounts Payable - 15400 -7800 Net Cash Provided by Operating Activities 14800 Cash Flows from Investing Activities Sale of Land 4800 Cash Flows from Financing Activities Issuance of Common Stock $ 4600 Payment of Dividends -19800 Net Cash Used by Financing Activities - 15200 Net Increase in Cash 4400 Cash at Reginning of Perind 1000 Payment OI Diviuenas -19800 Net Cash Used by Financing Activities - 15200 Net Increase in Cash 4400 Cash at Beginning of Period 10000 Cash at End of Period A $ 14400 e Textbook and Media (b) X Your answer is incorrect. Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow $ 5000