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Metlock Corporation's balance sheet at the end of 2024 included the following items. The following information is available for 2025. 1. Net income was $57,680.

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Metlock Corporation's balance sheet at the end of 2024 included the following items. The following information is available for 2025. 1. Net income was $57,680. 2. Equipment (cost $21,440 and accumulated depreciation $9,440) was sold for $11,440. 3. Depreciation expense was $5,440 on the building and $10,440 on equipment. 4. Patent amortization was $2,500. 5. Current assets other than cash increased by $29,000. Current liabilities increased by $14,440. 6. An addition to the bullding was completed at a cost of $28,440. 7. Along-term investment in stock was purchased for $16,000. 8. Bonds payable of $51,130 were issued. 9. Cash dividends of $30,000 were declared and paid. 10. Treasury stock was purchased at a cost of $11,000. Cash Flows fram Operating Activities Net Income 4.47600 Adjustments to reconole net income to Net Cach Provided by Operating Activities Depreciation Expense 45 Patent Amertization Loss on 5ole of Equipment Increase in Current Assets (Other than Cash) increase in Current Labilities , Net Cash Provided by Operating Activities : Cash Flows frem investing Activities Net Cach Used by Investing Activities Cach Flows from Financing Activities issuance of Bonds 7 41130 Purchtse of Treasury stack (5) Peyment of Dividends Net Cash Provided by Finacing Activities t fet Incremse in cash Cashat Beginnine of Periog * +20003 Castiat End of Period ) 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

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