The current sections of Sheridan Inc.s balance sheets at December 31, 2021 and 2022, are presented here. Sheridans net income for 2022 was $152,700. Depreciation expense was $24,600.

		2022		2021
Current assets
Cash		$107,600		$102,500
Accounts receivable		71,300		79,400
Inventory		166,000		172,100
Prepaid expenses		26,800		21,600
Total current assets		$371,700		$375,600
Current liabilities
Accrued expenses payable		$15,800		$5,600
Accounts payable		85,900		95,500
Total current liabilities		$101,700		$101,100

Prepare the net cash provided by operating activities section of the companys statement of cash flows for the year ended December 31, 2022, using 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 INC. Statement of Cash Flows (Partial) Indirect Method choose the accounting period For the Year Ended December 31, 2022For the Month Ended December 31, 2022December 31, 2022
select an opening section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Depreciation ExpenseNet IncomeIncrease in InventoryDecrease in Accounts PayableIncrease in Prepaid ExpensesIncrease in Accrued Expenses PayableDecrease in Prepaid ExpensesDecrease in InventoryIncrease in Accounts ReceivableDecrease in Accrued Expenses PayableIncrease in Accounts PayableDecrease in Accounts Receivable		$enter a dollar amount
Adjustments to reconcile net income to
select a subsection name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Decrease in InventoryDecrease in Accounts PayableDecrease in Prepaid ExpensesIncrease in Accounts PayableIncrease in Accounts ReceivableIncrease in InventoryDecrease in Accounts ReceivableNet IncomeDepreciation ExpenseIncrease in Accrued Expenses PayableIncrease in Prepaid ExpensesDecrease in Accrued Expenses Payable	$enter a dollar amount
select an item Increase in Accounts ReceivableNet IncomeDecrease in InventoryDecrease in Accounts PayableDepreciation ExpenseDecrease in Accounts ReceivableDecrease in Prepaid ExpensesIncrease in Accrued Expenses PayableIncrease in Prepaid ExpensesIncrease in InventoryDecrease in Accrued Expenses PayableIncrease in Accounts Payable	enter a dollar amount
select an item Increase in Accounts ReceivableDecrease in Accrued Expenses PayableDecrease in Prepaid ExpensesDecrease in Accounts PayableNet IncomeDecrease in Accounts ReceivableDepreciation ExpenseIncrease in InventoryIncrease in Prepaid ExpensesDecrease in InventoryIncrease in Accounts PayableIncrease in Accrued Expenses Payable	enter a dollar amount
select an item Decrease in Prepaid ExpensesDecrease in Accrued Expenses PayableIncrease in Accounts PayableDecrease in Accounts ReceivableNet IncomeDepreciation ExpenseDecrease in InventoryDecrease in Accounts PayableIncrease in InventoryIncrease in Accrued Expenses PayableIncrease in Prepaid ExpensesIncrease in Accounts Receivable	enter a dollar amount
select an item Increase in Accrued Expenses PayableDecrease in Prepaid ExpensesIncrease in Accounts PayableIncrease in InventoryDecrease in Accrued Expenses PayableDecrease in Accounts PayableDepreciation ExpenseIncrease in Accounts ReceivableIncrease in Prepaid ExpensesDecrease in InventoryNet IncomeDecrease in Accounts Receivable	enter a dollar amount
select an item Decrease in Accrued Expenses PayableDecrease in Prepaid ExpensesIncrease in Accounts PayableDepreciation ExpenseDecrease in InventoryIncrease in Accounts ReceivableDecrease in Accounts PayableIncrease in InventoryNet IncomeIncrease in Accrued Expenses PayableDecrease in Accounts ReceivableIncrease in Prepaid Expenses	enter a dollar amount
		enter a subtotal of the adjustments
select a closing section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash		$enter a total amount for the section