help needed with formatting and calculations! show work/calulations please
The comparative balance sheets for Metlock Corporation show the following information. \begin{tabular}{lrr} Allowance for doubtful accounts & $2,900 & $4,500 \\ Accumulated depreciation-equipment & 2,100 & 4,500 \\ Accumulated depreciation-building & 0 & 6,000 \\ Accounts payable & 5,000 & 3,000 \\ Dividends payable & 0 & 5,000 \\ Notes payable, short-term (nontrade) & 3,100 & 4,000 \\ Long-term notes payable & 31,000 & 25,000 \\ Common stock & 43,000 & 33,000 \\ Retained earnings & 20,700 & 5,800 \\ \hline & $107,800 & $90,800 \\ \hline \hline \end{tabular} Additional data related to 2025 are as follows. 1. Equipment that had cost $11,100 and was 40% depreciated at time of disposal was sold for $2,400. 2. $10,000 of the long-term note payable was paid by issuing common stock 3. Cash dividends paid were $5,000. 4. On January 1,2025, the building was completely destroyed by a flood, Insurance proceeds on the building were $29,800 (net of $2,100 taxes). 5. Debt investments (available-for-sale) were sold at $1,700 above their cost. The company has made similar sales and investments in the past. 6. Cash was paid for the acquisition of equipment. 7. A long-term note for $16,000 was issued for the acquisition of equipment. 8. Interest of $1,900 and income taxes of $6,500 were paid in cash. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either asign es, 15,000 or in parenthesises. (15,000).) Prepare astatement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg 15,000 or in parenthesises. (15,000)} Increase in Accounts Receivable (Net) Increase in Accounts Payable Patent Amortization Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Equipment Sale of Equipment Sale of Investments Proceeds from Flood Damage to Building Net Cash Provided by Investing Activities Net Cash Provided by Financing Activities Payment of Short-term Note Payable Payment of Dividends Net Cash Used by Financing Activities Net Increase in Cash Cash, January 1.2025 Cash, December 31,2025 Supplemental disclosures of cash flow information: Cash Paid During the Year for Interest Cash Paid During the Year for Income Taxes Supplemental disclosures of cash flow information: Cash Paid During the Year for Interest Cash Paid During the Year for Income Taxes Noncash Investing and Financing Activities Retired Notes Payable by Issuing Common Stock Purchased Equipment by issuing Notes Payable The comparative balance sheets for Metlock Corporation show the following information. \begin{tabular}{lrr} Allowance for doubtful accounts & $2,900 & $4,500 \\ Accumulated depreciation-equipment & 2,100 & 4,500 \\ Accumulated depreciation-building & 0 & 6,000 \\ Accounts payable & 5,000 & 3,000 \\ Dividends payable & 0 & 5,000 \\ Notes payable, short-term (nontrade) & 3,100 & 4,000 \\ Long-term notes payable & 31,000 & 25,000 \\ Common stock & 43,000 & 33,000 \\ Retained earnings & 20,700 & 5,800 \\ \hline & $107,800 & $90,800 \\ \hline \hline \end{tabular} Additional data related to 2025 are as follows. 1. Equipment that had cost $11,100 and was 40% depreciated at time of disposal was sold for $2,400. 2. $10,000 of the long-term note payable was paid by issuing common stock 3. Cash dividends paid were $5,000. 4. On January 1,2025, the building was completely destroyed by a flood, Insurance proceeds on the building were $29,800 (net of $2,100 taxes). 5. Debt investments (available-for-sale) were sold at $1,700 above their cost. The company has made similar sales and investments in the past. 6. Cash was paid for the acquisition of equipment. 7. A long-term note for $16,000 was issued for the acquisition of equipment. 8. Interest of $1,900 and income taxes of $6,500 were paid in cash. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either asign es, 15,000 or in parenthesises. (15,000).) Prepare astatement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg 15,000 or in parenthesises. (15,000)} Increase in Accounts Receivable (Net) Increase in Accounts Payable Patent Amortization Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Equipment Sale of Equipment Sale of Investments Proceeds from Flood Damage to Building Net Cash Provided by Investing Activities Net Cash Provided by Financing Activities Payment of Short-term Note Payable Payment of Dividends Net Cash Used by Financing Activities Net Increase in Cash Cash, January 1.2025 Cash, December 31,2025 Supplemental disclosures of cash flow information: Cash Paid During the Year for Interest Cash Paid During the Year for Income Taxes Supplemental disclosures of cash flow information: Cash Paid During the Year for Interest Cash Paid During the Year for Income Taxes Noncash Investing and Financing Activities Retired Notes Payable by Issuing Common Stock Purchased Equipment by issuing Notes Payable