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The following information is available for Metlock, Inc. for the year ended December 31, 2022.

Beginning cash balance		$ 14,400
Accounts payable increase		3,420
Depreciation expense		24,600
Accounts receivable decrease		2,880
Inventory decrease		1,860
Net income		34,320
Cash received for sale of land at book value		62,400
Cash dividends paid		22,800
Income taxes payable decrease		2,340
Cash used to purchase land		48,600
Cash used to redeem bonds		39,600
Cash received from issuing stock		96,000

Prepare a statement of cash flows 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).)

Metlock, Inc. Statement of Cash FlowsIndirect Method choose the accounting period December 31, 2022For the Year Ended December 31, 2022For the Quarter Ended December 31, 2022
select an opening name for section one Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Decrease in Accounts PayableDecrease in Accounts ReceivableDecrease in Income Taxes PayableDecrease in InventoryDepreciation ExpenseIncrease in Accounts PayableIncrease in Accounts ReceivableIncrease in Income Taxes PayableIncrease in InventoryIssuance of StockNet IncomePayment of DividendPurchase of LandRedemption of BondsSale of Land		$enter a dollar amount
Adjustments to reconcile net income to
select an opening name for a subsection Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item

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