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Required: Prepare the statement of cash flows of Metagrobolize for the year ended December 31, 2021. Present cash flows from operating activities by the direct method. (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.) Additional information from the accounting records: a. Annual payments of $20,000 on the finance lease liability are paid each January 1 , beginning in 2021 . b. During 2021, equipment with a cost of $630,000 (90\% depreciated) was sold. c. The statement of shareholders' equity reveals reductions of $230,000 and $365,000 for stock dividends and cash dividends, respectively. Required: Prepare the statement of cash flows of Metagrobolize for the year ended December 31, 2021. Present cash flows from operating activities by the direct method. (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.) Comparative balance sheets for 2021 and 2020 and a statement of income for 2021 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided. \begin{tabular}{|c|c|c|} \hline & & \\ \hline \multicolumn{3}{|l|}{ Cash outflows: } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Net cash flows from operating activities & $ & 0 \\ \hline \multicolumn{3}{|l|}{ Cash flows from investing activities: } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline r & & \\ \hline & & \\ \hline Net cash flows from investing activities & & 0 \\ \hline \multicolumn{3}{|l|}{ Cash flows from financing activities: } \\ \hline & & \\ \hline r & & \\ \hline & & \\ \hline Net cash flows from financing activities & & 0 \\ \hline Net increase (decrease) in cash & & 0 \\ \hline \multicolumn{3}{|l|}{ Cash balance, January 1} \\ \hline Cash balance, December 31 & $ & 0 \\ \hline \multicolumn{3}{|l|}{ Noncash investing and financing activities: } \\ \hline & & \\ \hline \end{tabular}

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