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The following information was taken from the 2018 financial statements of Sheridan Company: Inventory, January 1, 2018 Inventory, December 31, 2018 Accounts payable, January 1,

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The following information was taken from the 2018 financial statements of Sheridan Company: Inventory, January 1, 2018 Inventory, December 31, 2018 Accounts payable, January 1, 2018 Accounts payable, December 31, 2018 Sales revenue 180000 245000 142000 241000 300000 790000 Cost of goods sold If the direct method is used in the 2018 statement of cash flows, what amount should Sheridan report as cash payments to suppliers? $756000 $824000 $889000 $954000 Click if you would like to Show Work for this question: Open Show Work

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