SheridanLtd., which follows ASPE had the following comparative statement of financial position:

Sheridan Led., which follows ASPE had the following comparative statement of financial position: Sheridan Ltd. Comparative Statement of Financial Position December 31 Assets 2021 2020 Cash $ 82,000 $ 50,400 Accounts receivable 135,000 104,500 Inventory 78,000 120,300 Prepaid insurance 10,300 7,500 Equipment 304,000 271,800 Accumulated depreciation-equipment 168,000 149,000 Total assets $ 541,200 $ 505,500 Liabilities and Shareholders' Equity Accounts payable $ BB,600 $ 72,700 Salaries and wages payable 12,800 8,200 Income taxes payable 16,600 18,600 Mortgage payable 110,800 122,500 Common shares 220,500 210,000 Retained earnings 92,400 73,500 Total liabilities and shareholders' equity $ 541,200 $ 505,500 Additional information: Net income was $54,100. New equipment was purchased and none was sold. Common shares were issued for cash. Cash dividends were paid to common shareholders. Prepare the statement of cash flows using the indirect format. (Show amounts that decrease cash flow with either a - sign eg. -15,000 or in parenthesis e.g. (15,000).)Prepare the statement of cash flows using the indirect format. (Show amounts that decrease cash flow with either a - sign eg. -15,000 or in parenthesis e.g. (15,000).) Sheridan Ltd. Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Arthitles Net Income / (Loss) Adjustments to reconcile net income to net cash provided by operating activities: Depreciation Expense Increase In Accounts Payable Decrease In Inventory Increase In Accounts Payable Increase In Salaries and Wages Parable Sale of Equipment Decrease In Income Taxes Payable $ $