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Required: Prepare the statement of cash flows for Metagrobolize Industries using the indirect method. Note: Enter your answers In thousands ( I . e .

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Prepare the statement of cash flows for Metagrobolize Industries using the indirect method. Note: Enter your answers In thousands (I.e.,10,000 should be entered as 10).) Amounts to be deducted should be Indlcated with a minus sign.Comparative balance sheets for 2024 and 2023 and a statement of Income for 2024 are glven below for Metagrobolize Industries.
Additional information from the accounting records of Metagrobolize also is provided.
Addit/onal Information from the account/ing records:
a. On December 31,2024. acquired the use of land with a finance lease. Annual payments of $20,000 on the llability are pald at the
end of each year beginning in 2024.
b. During 2024, equipment with a cost of depreclated) was sold.
c. The statement of shareholders' equity reveals reductions of $165,000 and $430,000 for stock dividends and cash dividends,
respectlvely.
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