View Policies Current Attempt in Progress The income statement of Sheridan Company is presented here. Additional information: 1. Accounts receivable decreased $387,400 during the year, and inventory decreased $209,000. 2. Prepaid expenses increased $181,300 during the year. 3. Accounts payable to suppliers of inventory decreased $343,400 during the year. 4. Accrued expenses payable decreased $100,400 during the year. 5. Administrative expenses include depreciation expense of $103,200. Additional information: 1. Accounts receivable decreased $387,400 during the year, and inventory decreased $209,000. 2. Prepaid expenses increased $181,300 during the year. 3. Accounts payable to suppliers of inventory decreased $343,400 during the year. 4. Accrued expenses payable decreased $100,400 during the year. 5. Administrative expenses include depreciation expense of $103,200. Prepare the operating activities section of the statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).)