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Sheridan Company completed its first year of operations on December 31,2022. Its initial income statement...

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Accounting

Sheridan Company completed its first year of operations on December 31,2022. Its initial income statement showed that Sheridan had sales revenue of $190,900 and operating expenses of $73,200. Accounts receivable and accounts payable at year-end were $63,900 and $31,600, respectively. Assume that accounts payable related to operating expenses. Ignore income taxes.
Compute net cash provided by operating activities using the direct method. (Show amounts that decrease cash fow with either d- sign eg.-15,000 or in parinthests es lis,oogh
Net cash provided by operating activities / $
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