Exercise 12-5 The following information is available for Metlock, Inc. for the year ended December 31, 2017 Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable increase Cash used to purchase building Cash used to purchase treasury stoclk Cash received from issuing bonds $46,305 3,807 166,698 8,438 11,319 292,339 36,015 12,348 4,836 297,381 26,754 205,800