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Comparative balance sheets for 2024 and 2023 and a statement of income for 2024 are given below for Metagrobolize Industrles, Additional information from the accounting

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Comparative balance sheets for 2024 and 2023 and a statement of income for 2024 are given below for Metagrobolize Industrles, Additional information from the accounting records of Metagrobolize also is provided Additional information from the accounting records. a. Annual payments or $20,000 on the finance lease llablity are paid each January 1 , beginning in 2024. b. During 2024 , equipment with a cost of $300,000(90% depreclated) was sold c. The statement of shareholders' equity reveals reductions of $225,000 and $450,000 for stock dividends and cash dividends, respectively. 1. Prepare the fidtcourits for Merasiobvale inguntres 2. Prepare the statement of cash fiows for Metagrobolize Industries. Use the T-account method to assist in your analysis Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands. (l.e., 10,000 should be entered os 10)

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