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The income statement of Sheffield Company is shown below. Additional information: 1. Accounts receivable decreased $290,000 during the year: 2. Prepaid expenses increased $170,000 during

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The income statement of Sheffield Company is shown below. Additional information: 1. Accounts receivable decreased $290,000 during the year: 2. Prepaid expenses increased $170,000 during the year. 3. Accounts payable to suppliers of merchandise decreased $300,000 during the year. 4. Acorved expenses payable decreased $140,000 during the year: 5. Administrative expenses include depreciation expense of $70,000 Prepare the operating activities section of the statement of cash fiows for the year ended December 31, 2020, for Shemfield Compunx using the indirect method. (Show amounts that docnease cash flow with either a - sign eg. 15,000 or in porenthesores, (15,000)] Adjustments to reconcile net income to

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