Metlock Corporation Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash flows from operating activities Net income $60,180 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense $9,282 Decrease in accounts receivable 9,690 Increase in inventory (5,100) Decrease in accounts payable (2,244) Lossondisposalofplantassets3,36675,17414,994 Cash flows from investing activities Sale of investments 3,162 Purchase of equipment \begin{tabular}{l} (24,684) \\ \hline \end{tabular} Net cash used by investing activities (21,522) Cash flows from financing activities Issuance of stock 20,400 (a) Compute free cash flow for Metlock Corporation. (Show a negative free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Free cash flow for Metlock Corporation $ The information in the table is from the statement of cash flows for a company at four different points in time ( M,N,O, and P ). Negative values are presented in parentheses. (a1) For each point in time, state whether the company is most likely in the introductory phase, growth phase, maturity phase, or decline phase. Suppose Presented below is 2022 information for for PepsiCo, Inc. and The Coca-Cola Company. Compute free cash flow for both companies and compare. (Show a negative free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)