Question: Comparative balance sheets for 2024 and 2023 and a statement of income for 2024 are given below for Metagrobolize Industries. Additional information from the accounting

 Comparative balance sheets for 2024 and 2023 and a statement of
income for 2024 are given below for Metagrobolize Industries. Additional information from
the accounting records of Metagrobolize also is provided. Additional information from the

Comparative balance sheets for 2024 and 2023 and a statement of income for 2024 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided. Additional information from the accounting records: Additional information from the accounting records: a. Annual payments of $20,000 on the finance lease liability are pald each January 1, beginning in 2024. b. During 2024, equipment with a cost of $240,000(90% depreciated) was sold. c. The statement of shareholders equity reveals feductions of $155,000 and $430,000 for stock divdends and cash dividends, respectively. Required: Required: Prepare the statement of cash flows of Metagrobolize for the year ended December 31, 2024, Present cash flows from operating activitios by the direct method. Note: Enter your answers in thousands (1.e.. 10,000 should be entered as 10). Amounts to be deducted should be indieated with a minus sign

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