Metlock Corporation's balance sheet at the end of 2024 included the following items. Current assets (Cash $82,000) $236,440 Current liabilities $151,440 Land 31,130 Bonds payable 101,440 Buildings 121,440 Common stock 181,130 Equipment 91,130 Retained earnings 45,130 Accum. depr-buildings (31,440) Total $479,140 Accum. depr-equipment (11,000) Patents 41,440 Total $479,140 The following information is available for 2025. 1. Net income was $57,680. 2. 3. 4. Patent amortization was $2,500. 5. Equipment (cost $21,440 and accumulated depreciation $9,440) was sold for $11,440. Depreciation expense was $5,440 on the building and $10,440 on equipment. Current assets other than cash increased by $29,000. Current liabilities increased by $14,440. 6. An addition to the building was completed at a cost of $28,440. 7. A long-term investment in stock was purchased for $16,000. 8. Bonds payable of $51,130 were issued. Cash dividends of $30,000 were declared and paid. 9. 10. Treasury stock was purchased at a cost of $11,000. For the Year Ended December 31, 2025 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense 15880 Patent Amortization 2500 Loss on Sale of Equipment 560 Increase in Current Assets (Other than Cash) -29000 Increase in Current Liabilities 14440 Net Cash Provided by Operating Activities 57680 4380 62060 Cash Flows from Investing Activities Sale of Equipment 11440 Addition to Building 28440 Investment in Stock -16000 Net Cash Used by Investing Activities 33000 Cash Flows from Financing Activities Issuance of Bonds 51130 Purchase of Treasury Stock 11000 Payment of Dividends Net Cash Provided by Financing Activities: 30000 10130 Net Increase in Cash Cash at Beginning of Period Cash at End of Period 39190 82000 121190 Metlock Corporation Balance Sheet Assets Liabilities and Stockholders' Equity Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Paid-in Capital Property, Plant, and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Paid-in Capital and Retained Earnings Total Property, Plant, and Equipment Total Stockholders' Equity