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Metlock, Inc. Comparative Balance Sheets December 31 Assets 2022 2d21 Change Increase/Decrease Cash $112,100 Accounts receivable 117,800 $68,400 $43,700 Increase 41,800 76,000 Increase -0- 83,600

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Metlock, Inc. Comparative Balance Sheets December 31 Assets 2022 2d21 Change Increase/Decrease Cash $112,100 Accounts receivable 117,800 $68,400 $43,700 Increase 41,800 76,000 Increase -0- 83,600 Increase Inventory 83,600 Prepaid expenses 11,400 7,600 3,800 Increase Land 104,500 133,000 28,500 Decrease Buildings Accumulated depreciation-buildings Equipment 380,000 380,000 -0- (39,900) (26,600) 13,300 Increase 347,700 129,200 218,500 Increase (53,200) (19,000 ) 34,200 Increase $1,064,000 $714,400 Accumulated depreciation-equipment Totals Liabilities and Stockholders' Equity $81,700 Accounts payable Accrued expenses payable 0 Bonds payable 190,000 $76,000 $5,700 Increase 19,000 19,000 Decrease 285,000 95,000 Decrease 114,000 323,000 Increase 220,400 134,900 Increase Common stock ($1 par) 437,000 Retained earnings 355,300 Use this information to prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or Metlock, Inc. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to >

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