Comparative balance sheets for 2013 and 2012 and a statement of income for 2013 are given below for Metagrobolize Industries. Additional information from Metagrobolize's accounting records is provided also. METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2013 and 2012 ($ in 000s) 2013 2012 Assets Cash $ 425 $ 245 Accounts receivable 350 190 Inventory 500 275 Land 500 450 Building 900 900 Less: Accumulated depreciation (200) (180) Equipment 2,500 2,150 Less: Accumulated depreciation (325) (300) Patent 1,000 1,150 $ 5,650 $ 4,880 Liabilities Accounts payable $ 600 $ 400 Accrued expenses payable 150 130 Lease liabilityland 150 0 Shareholders' Equity Common stock 3,100 3,000 Paid-in capitalexcess of par 750 700 Retained earnings 900 650 $ 5,650 $ 4,880 METAGROBOLIZE INDUSTRIES Income Statement For the Year Ended December 31, 2013 ($ in 000s) Revenues Sales revenue $ 2,555 Gain on sale of land 30 $ 2,585 Expenses Cost of goods sold $ 800 Depreciation expensebuilding 20 Depreciation expenseequipment 160 Loss on sale of equipment 10 Amortization of patent 150 Operating expenses $ 600 1,740 Net income $ 845 Additional information from the accounting records: a. During 2013, equipment with a cost of $150,000 (90% depreciated) was sold. b. The statement of shareholders equity reveals reductions of $150,000 and $445,000 for stock dividends and cash dividends, respectively. c. The land leased during the year is classified as an asset by the company. Required: Prepare the statement of cash flows for Metagrobolize Industries using the indirect method. (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)