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Metlock, Inc.'s comparative balance sheets are presented below Metlock, Inc Comparative Balance Sheets December 31 2020 Cash $ 16,700 Accounts receivable 24,900 Investments 20,050 Equipment

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Metlock, Inc.'s comparative balance sheets are presented below Metlock, Inc Comparative Balance Sheets December 31 2020 Cash $ 16,700 Accounts receivable 24,900 Investments 20,050 Equipment 59.950 Accumulated depreciation equipment (14.250 Total S107,350 2019 $17.500 22.300 16,050 70.150 110,000) $116,000 Accounts payable Bonds payable Common stock Retained earnings Total $ 14,850 10.900 50.100 31.500 $107,350 $11,050 30,000 44 500 30,450 $116,000 Additional information: 1 2 3 Net income was $18,450. Dividends declared and paid were $17.400 Equipment which cost $10.200 and had accumulated depreciation of $1,700 was sold for $3700 No noncash investing and financing activities occurred during 2020. Prepare a statement of cash flows for 2020 using the indirect method. Show amounts that decrease cash flow with others 23. 45.000, or in parenthesis es. (45,000 Metlock, Inc Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Active Not income Adjustments to reconcile net income to Cach provided by Operating Acties $ TELUR Statement of Cash Flows Parthe Year Ended December 31, 2000 Cash Flows from Operating Acties Net Income V $ Adjustments to reconcile net income to Net Cash Provided by Operating Acties v $ V $

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