Comparative balance sheets for 2018 and 2017 and a statement of Income for 2018 are glven below for Metagrobollze Industries. Addltional Information from the accounting records of Metagrobolize also is provided. METAGROBOLIZE INDUSTRIES Conparative Balance Sheets Decenber 31, 2818 and 2817 ($ in 68es) Assets 400 205 Accounts receivable 398 218 366 558 515 Building Less: Accunulated depreciation 908 908 (368) (278) 2,688 2,278 (367) 1,288 (348) 1,458 Less: Accunulated depreciation Patent $5,913 5,386 Liabilities Accounts payable Accrued expenses payable Lease liability-1and Shareholders' Equity Conmon stock Paid- $64039 178 138 138 3,140 3,888 in capital-excess of par Retained earnings 750 730 1,883 1,858 $5,913 5,308 METAGROBOLIZE INDUSTRIES Income Statement For the Year Ended December 31, 2818 ($ in Sales revenue $2,489 40 $2,529 Gain on sale of land Cost of goods sold $ 848 216 Loss on sale of equipment Amortization of patent Operating expenses 15 250 558 1,981 $ 628 Net income Additonel Information from the accounting records: a Annusl psyments of $20,000 an the finance lesse sbty are pald esch Janusry 1, beginning In 20. During 2018, equl ment witn 5 cost of S210,000(90% cea recistedi was sold. c The statement of snarenci der; equity reves, reductons of $160,000 ono $435,000 for stock dividend, ond csan dMdencs, Required: Prepsre the siatement of casn flows of Metagrobol ze for the yesr ended December 31 2019. Present cashfows fram operating activties by the direct methad. (Enter your answers In thousands (e., 5,000 should be entered as 5). Amounts to be deducted should be Indicated wihth minus sign.) METAGROBOLIZE INDU BTRIE atatement of Cach Flows For year anded December 31, 2013 (3 In 000s) Cash oudtos Noncash investing and financing activties