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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. 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 $270,000(90% depreciated) was sold. c. The statement of shareholders' 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 onswers in thousends (i.e, 10,000 should be entered os 10).) Amounts to be deducted should be indicated with o minus sign

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