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This information is for Sheridan Corporation for the year ended December 31, 2025. Cash received from lenders Cash received from customers Cash paid for new equipment Cash dividends paid Cash paid to suppliers $23,000 72,000 30,500 9,600 28,500

This information is for Sheridan Corporation for the year ended December 31, 2025. Cash received from lenders Cash received from customers Cash paid for new equipment Cash dividends paid Cash paid to suppliers $23,000 72,000 30,500 9,600 28,500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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This information is for Sheridan Corporation for the year ended December 31, 2025. Cash received from lenders Cash received from customers Cash paid for new equipment Cash dividends paid Cash paid to suppliers Cash balance 1/1/2025 $23,000 72,000 30,500 9,600 28,500 11,100. Prepare the 2025 statement of cash flows for Sheridan Corporation. (Show amounts that decrease cash flow with either a signes. -15,000 or in parenthesis e.g. (15,000))
Transcribed Image Text:This information is for Sheridan Corporation for the year ended December 31, 2025. Cash received from lenders Cash received from customers Cash paid for new equipment Cash dividends paid Cash paid to suppliers Cash balance 1/1/2025 $23,000 72,000 30,500 9,600 28,500 11,100. Prepare the 2025 statement of cash flows for Sheridan Corporation. (Show amounts that decrease cash flow with either a signes. -15,000 or in parenthesis e.g. (15,000))
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