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A comparative balance sheet for Metlock Corporation is presented as follows. Additional information: 1. Net income for 2020 was $130,000. No gains or losses were

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A comparative balance sheet for Metlock Corporation is presented as follows. Additional information: 1. Net income for 2020 was $130,000. No gains or losses were recorded in 2020. 2. Cash dividends of $65,990 were declared and paid. 3. Bonds payable amounting to $50,000 were retired through issuance of common stock. Prepare a statement of cash flows for 2020 for Metlock Corporation. (Show amounts that decrease cash flow with either a sion e.e. 15.000 or in narenthesis e.a. (15.000). .0.0.n Issued common stock to retire $ of bonds outstanding Determine Metlock Corporation's current cash debt coverage, cash debt coverage, and free cash flow. (Round current cash debt coverage and cash debt coverage to 2 decimal places, e.g. 0.67.) Comment on its liquidity and financial flexibility. Metlock has liquidity. Its financial flexibility is

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