Comparative balance sheets for 2021 and 2020 and a statement of income for 2021 are given below for Metsgrobolize industries Additional Information from the sccounting records of Metsgrobolize also is provided. METACROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2021 and 2228 (s in thousands) Assets Cash $ seas 375 Accounts receivable 525 575 Building 90 900 Less: Accumulated depreciation (220) Equipment Less: Accumulated depreciation (525) Patent $ 5,85a Liabilities Accounts payable $ 750 $450 Accrued abilities Lease liability land 13a Shareholders' Equity 3,15 3. Paid in capital excess of par 675 Retained carings 1, 1. See $ 5, $ 5,850 1.50 a Common stock $2,735 METACROBOLIZE INDUSTRIES Income Statement For the Year Ended December 31, 2021 (5 in thousands) Revenues Sales revenue $2,545 Gain on sale of land Express Cost of goods sold sea Depreciation expense-building Depreciation expense equipant 315 Loss on sale of equipment 15 Amortization of patent 30 Operating exposes sea Net Income 1,76 Additional information from the accounting records: ..Annual payments of $20,000 on the finance lessellably are paid esch January 1, beginning in 2021. b. During 2021, equipment with a cost of $300,000 190% depreciated was sold c. The statement of shareholders' equity reveals reductions of $225,000 and $450,000 for stock dividends and cash dividends, respectively Required: Prepare the statement of cash flows for Metsgrabolize Industries using the Indirect method (Amounts to be deducted should be Indicated with a minus sign. Enter your answers in thousands (l.e., 10.000 should be entered as 10).) METACROBOLIZE INDUSTRIES Statement of Cach Flows For year anded December 31, 2021 18 In 0006) Cash flows from operating activities Not income Adjustments for noncash effects | changes in operating asses and liabines : $ Net cash fons from cperating activeles Cash flows from investing advies: Netcash fows from hrvesting activities Cash flows from financing activities Net cash flows from francing activeles Not increase in cash Cashbalance, Lenuery1 Cash balance, December 31 Noncash investing and financing activities $