Comparative balance sheets for 2013 and 2012 and a statement of income for 2013 are given below for Metagrobolize Industries. Additional information from Metagrobolize's accounting records is provided also. METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2013 and 2012 ($ in 000s) 2013 2012 Assets Cash $ 500 $ 250 Accounts receivable 550 290 Inventory 700 400 Land 700 650 Building 800 800 Less: Accumulated depreciation (250) (215) Equipment 3,000 2,750 Less: Accumulated depreciation (355) (320) Patent 1,000 1,150 $ 6,645 $ 5,755 Liabilities Accounts payable $ 800 $ 550 Accrued expenses payable 250 220 Lease liabilityland 150 0 Shareholders' Equity Common stock 2,660 2,500 Paid-in capitalexcess of par 600 560 Retained earnings 2,185 1,925 $ 6,645 $ 5,755 METAGROBOLIZE INDUSTRIES Income Statement For the Year Ended December 31, 2013 ($ in 000s) Revenues Sales revenue $ 3,020 Gain on sale of land 80 $ 3,100 Expenses Cost of goods sold $ 1,000 Depreciation expensebuilding 35 Depreciation expenseequipment 440 Loss on sale of equipment 20 Amortization of patent 150 Operating expenses $ 600 2,245 Net income $ 855 Additional information from the accounting records: a. During 2013, equipment with a cost of $450,000 (90% depreciated) was sold. b. The statement of shareholders equity reveals reductions of $200,000 and $395,000 for stock dividends and cash dividends, respectively. c. The land leased during the year is classified as an asset by the company. Required: Prepare the statement of cash flows for Metagrobolize Industries using the indirect method