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This information is for Sheridan Company for the year ended December 31, 2022. Cash received from lenders Cash received from
For the Year Ended December 31, 20224

Prepare the 2022 statement of cash flows for Sheridan Company. (Show amounts that decrease cash flow either with a negative s
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Answer #1

Statement of cash flows

For the year ended December 31,2022

Cash flow from operating activities
Cash received from customers 45600
Cash paid to supplier -16900
Net cash flow from operating activities 28700
Cash flow from investing activities
Cash paid for new equipment -27500
Net cash used by investing activities -27500
Cash flow from financing activities
Cash received from lender 22800
Dividend paid -6800
Net cash flow from financing activities 16000
Net cash flow 17200
Beginning Cash 11900
Ending Cash 29100
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