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	$	450			$	160
Accounts receivable		490				260
Inventory		640				385
Land		650				590
Building		800				800
Less: Accumulated depreciation		(250	)			(230	)
Equipment		2,850				2,570
Less: Accumulated depreciation		(472	)			(440	)
Patent		1,700				1,950
	$	6,858			$	6,045
Liabilities
Accounts payable	$	740			$	440
Accrued liabilities		220				155
Lease liabilityland		130				0
Shareholders' Equity
Common stock		2,600				2,500
Paid-in capitalexcess of par		600				515
Retained earnings		2,568				2,435
	$	6,858			$	6,045

METAGROBOLIZE INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands)
Revenues
Sales revenue	$	2,839
Gain on sale of land		65		$	2,904
Expenses
Cost of goods sold		940
Depreciation expensebuilding		20
Depreciation expenseequipment		356
Loss on sale of equipment		10
Amortization of patent		250
Operating expenses		600			2,176
Net income				$	728

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 $360,000 (90% depreciated) was sold.
3. The statement of shareholders equity reveals reductions of $185,000 and $410,000 for stock dividends and cash dividends, respectively.

Required: Prepare the statement of cash flows for Metagrobolize Industries using the indirect method. (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.)