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Please write a structured answer as provided in the question Condensed financial data of Metlock, Inc. follow. Additional information: 1. New plant assets costing $79,500

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Please write a structured answer as provided in the question

Condensed financial data of Metlock, Inc. follow. Additional information: 1. New plant assets costing $79,500 were purchased for cash during the year. 2. Old plant assets having an original cost of $46,800 and accumulated depreciation of $36,700 were sold for $2,600 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $27,900 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. 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 in parenthesis e.g. (15,000).) Metlock, Inc. Statement of Cash Flows - Indirect Method $ Adjustments to reconcile net income to $

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