Metlock Company Comparative Balance Sheets December 31 \begin{tabular}{lrc} Assets & 2022 & 2021 \\ Cash & $37,000 & $20,500 \\ Accounts receivable & 32,900 & 19,500 \\ Inventory & 30,400 & 20,900 \\ Property, plant, and equipment & 59,900 & 77,900 \\ Accumulated depreciation & (30,000) & (23,200) \\ \hline Total & $130,200 & $115,600 \\ & & \end{tabular} Liabilities and Stockholders' Equity Accounts payable $28,100$16,300 Income taxes payable 7,500:8,300 Bonds payable 27,500 32,900 Common stock 18,500 13,700 Retained earnings Total 48,600 44,400 $130,200$115,600 Metlock Company Income Statement For the Year Ended December 31, 2022 Sales revenue $241,500 Cost of goods sold Gross profit Selling expenses Administrative expenses Income from operations Interest expense Income before income taxes Income tax expense Net income 176,000 65,500 $17,400 5,80023,200 42,300 2,600 39,700 7,940 $31,760 Additional data: Additional data. 1. Depreciation expense was $15,100. 2. Dividends declared and paid were $27,560. 3. During the year equipment was sold for $9,700 cash. This equipment cost $18,000 originally and had accumulated depreciation of $8,300 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Commonstock was issued at par for cash. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign eg. - 15,000