Metlock, Inc.

Statement of Cash Flows $($Partial$)-$ Indirect Method

For the Year Ended December $31,2022$

$

Adjustments to reconcile net income to

$

$The current sections of Metlock, Inc.$\text{'}$s balance sheets at December $31,2021$ and $2022,$ are presented here.

Metlock's net income for $2022$ was $$151,400.$ Depreciation expense was $$27,200.$

Prepare the operating activities section of the company's statement of cash flows for the year ended December $31,2022,$ using

the indirect method. $($Show amounts that decrease cash flow with either a $-$ sign e$.$g$.-15,000$ or in parenthesis e$.$g$.$

$(15,000).$