Comparative balance sheets for 2018 and 2017 and a statement of income for 2018 are given below for Metagrobolize Industries Additional information from the accounting records of Metagrobolize also is provided METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s) 2017 2018 Assets Cash Accounts receivable Inventory Land Building $ 550 340 360 435 600 900 690 840 650 900 Less: Accumulated depreciation (300 (265) Equipment 3,350 3,170 Less: Accumulated depreciation (502) (460) 1,950 $ 7,878 7,030 1,700 Patent Liabilities Accounts payable Accrued expenses payable Lease liability-land Shareholders' Equity Common stock Paid-in capital-excess of par Retained earnings $ 940 790 255 320 130 3,660 3,500 725 1,760 7,8787,030 800 2,028 METAGROBOLIZE INDUSTRIES Income Statement For the Year Ended December 31, 2018 ($ in 000s) Revenues Sales revenue Gain on sale of land $ 3,224 75 3,299 Expenses Cost of goods sold Depreciation expense-building Depreciation expense -equipment Loss on sale of equipment Amortization of patent Operating expenses $ 1,140 35 636 25 250 $ 350 2,436 $ 863 Net income Additional information from the accounting records a. Annual payments of $20,000 on the finance lease liability are paid each January 1, beginning in 2018 b, During 2018, equipment with a cost of $660,000 (90% depreciated) was sold C. The statement of shareholders' equity reveals reductions of $235,000 and $360,000 for stock dividends and cash dividends, respectively Required: Prepare the statement of cash flows for Metagrobolize Industries using the indirect method. (Enter your answers in thousands. (i.e., 10,000 should be entered as 10).) Amounts to be deducted should be indicated with a minus sign.)