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

$$660,000(90\%$ depreciated$)$ was sold.

c$.$ The statement of shareholders' equity reveals

reductions of $$235,000$ and $$360,000$ for stock

dividends and cash dividends, respectively.

Required:

Prepare the statement of cash flows of

Metagrobolize for the year ended December $31,$

Present cash flows from operating activities

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.