The comparative statement of financial position for Sheridan Corporation shows the following noncash current asset and liability accounts at March 31: 2021 2020 Accounts receivable $61,000 $49,500 Inventory 75,000 64,500 Accounts payable 32,500 41,000 Dividends payable 1,000 2,000 Sheridan's statement of income reported the following selected information for the year ended March 31, 2021: net income was $270,000, depreciation expense was $60,000, and a loss on the disposal of land was $14,000. Sheridan uses a perpetual inventory system. Calculate net cash provided (used) by operating activities using the indirect method, (Show amounts that decrease cash flow with either a signe.y. -15,000 or in parenthesis e.g. (15,000).) SHERIDAN CORPORATION Statement of Cash Flows (Partial) Operating activities Operating activities Adjustments to reconcile net income to $ S $