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Comparative balance sheets for 2024 and 2023 and a statement of income for 2024 are...

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Accounting

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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: a. Annual payments of $20,000 on the finance lease liability are paid each January 1 , beginning in 2024. b. During 2024 , equipment with a cost of $180.000(90% depreclated) was sold. c. The statement of shareholders' equity reveals reductions of $155,000 and $440,000 for stock dividends 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 activites by the direct method. Note: Enter your answers in thousands (i.e., 10,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign

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