Comparative balance sheets for 2021 and 2020 and a statement of income for 2021 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided.

METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2021 and 2020 ($ in thousands)
		2021			2020
Assets
Cash	$	755			$	425
Accounts receivable		700				500
Inventory		1,000				575
Land		775				650
Building		1,000				1,000
Less: Accumulated depreciation		(400	)			(320)
Equipment		2,950				2,300
Less: Accumulated depreciation		(625	)			(530	)
Patent		1,300				1,650
	$	7,455			$	6,250
Liabilities
Accounts payable	$	850			$	500
Accrued liabilities		400				300
Lease liabilityland		230				0
Shareholders' Equity
Common stock		3,200				3,050
Paid-in capitalexcess of par		850				750
Retained earnings		1,925				1,650
	$	7,455			$	6,250

METAGROBOLIZE INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands)
Revenues
Sales revenue	$	2,990
Gain on sale of land		95		$	3,085
Expenses
Cost of goods sold	$	650
Depreciation expensebuilding		80
Depreciation expenseequipment		410
Loss on sale of equipment		18
Amortization of patent		350
Operating expenses		550			2,058
Net income				$	1,027

Additional information from the accounting records:

1. Annual payments of $20,000 on the finance lease liability are paid each January 1, beginning in 2021.
2. During 2021, equipment with a cost of $350,000 (90% depreciated) was sold.
3. The statement of shareholders' equity reveals reductions of $250,000 and $502,000 for stock dividends and cash dividends, respectively.

Required: Prepare the T-accounts for Metagrobolize Industries.