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

 Compatative balance sheets for 2024 and 2023 and a statement of
income for 2024 ate given below for Metagrobolize Industries. Additional information from
the accounting records of Metagrobolize also is provided. Additional information from the
accounting records: a. Annual payments of $20.000 on the firance lease lability

Compatative balance sheets for 2024 and 2023 and a statement of income for 2024 ate given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided. Additional information from the accounting records: a. Annual payments of $20.000 on the firance lease lability are paid each January 1, beginning in 2024 b. During 2024, equipment with a cost of $270,000(90% depreciated) was sold c. The statement of stareholder's' equity reveals reductions of $170,000 and $425,000 for stock dividends and cash dividends, respectively. Required: Prepare the statement of cash flows for Metagrobolize industries using the indirect method: Note: Enter your answers in thousands (0.0, 10,000 should be entered as 10), Amounts to be deducted should be indicated with a minus sion. \begin{tabular}{|c|c|c|} \hline Net cash flows from operating activities & s & 0 \\ \hline \multicolumn{3}{|l|}{ Cash flows from investing activities: } \\ \hline \\ \hline \multicolumn{3}{|c|}{5} \\ \hline & & \\ \hline \multicolumn{3}{|l|}{ Net cash flows from investing activities } \\ \hline \multicolumn{3}{|l|}{ Cash flows from financing activities: } \\ \hline \\ \hline \\ \hline \multicolumn{3}{|l|}{ Not cash flows from tinancing activites: } \\ \hline \multicolumn{3}{|l|}{ Not increase in cash } \\ \hline \multicolumn{3}{|l|}{ Cash balanco, January 1} \\ \hline Cash balance, December 31 & $ & 0 \\ \hline \multicolumn{3}{|l|}{ Noncash investing and financing activities: } \\ \hline & & \\ \hline & & \\ \hline \end{tabular}

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