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) 2821 2020 Assets Cash Accounts receivable Inventory Land Building $ 500 $ 305 590 310 740 410 750 735 700 700 Less: Accumulated depreciation Equipment Less: Accumulated depreciation Patent (200) (185) 3,100 2,870 (397) (360) 1,200 1,450 $ 6,983 $ 6,235 Liabilities Accounts payable. Accrued liabilities $ 840 $ Lease liability-land 270 138 640 230 B Shareholders' Equity Common stock 3,700 3,500 Paid-in capital-excess of par Retained earnings 550 1,493 540 1,325 $ 6,983 $ 6,235 Revenues METAGROBOLIZE INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue Gain on sale of land Expenses Cost of goods sold Depreciation expense-building Depreciation expense-equipment Loss on sale of equipment Amortization of patent Operating expenses Net income $2,894 90 $2,984 $1,040 15 496 201 250 400 2,221 $ 763 Additional information from the accounting records: a. Annual payments of $20,000 on the finance lease liability are paid each January 1, beginning in 2021. b. During 2021, equipment with a cost of $510,000 (90% depreciated) was sold. c. The statement of shareholders' equity reveals reductions of $210,000 and $385,000 for stock dividends and cash dividends. respectively. Required: Prepare the statement of cash flows of Metagrobolize for the year ended December 31, 2021. Present cash flows from operating activities by the direct method. (Enter your answers in thousands (l.e., 10,000 should be entered as 10). Amounts to be deducted should be Indicated with a minus sign.)