The current sections of Sheridan Inc.'s balance sheets at December 31,2019 and 2020, are presented...

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Accounting

The current sections of Sheridan Inc.'s balance sheets at December 31,2019 and 2020, are presented here. Sheridan's
net income for 2020 was $191,000. The income statement included depreciation expense, $25,000, amortization
expense, $10,000, and a gain on disposal of equipment, $6,000. The equipment was sold for $47,000. Sheridan also
issued bonds for $60,000.
Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year
ended December 31,2020 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.
Partial Statement of Cash Flows
$
Adjustments to reconcile net income to
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