Problem 21-5 Statement of cash flows; direct method [LO21-3, 21-8] 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) 2018 2017 Assets Cash Accounts receivable Inventory Land Building $530255 340 425 650 800 600 900 900 (200) (175) 3,050 Less: Accumulated depreciation Equipment 3,250 Less: Accumulated depreciation (420) 1500 1,650 $7,570 6,580 Patent Liabilities Accounts payable Accrued expenses payable Lease liability-land shareholders' Equity Common stock Paid-in capital-excess of par Retained earnings $ 900600 245 300 130 3,620 550 3,500 445 2,070 1,'90 $7,570 6,580