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[The following information applies to the questions displayed below. Comparative balance sheets for 2024 and 2023 and a statement of income for 2024 are given

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[The following information applies to the questions displayed below. Comparative balance sheets for 2024 and 2023 and a statement of income for 2024 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided. Additional information from the accounting records: a. Annual payments of $20,000 on the finance lease liability are paid each January 1, beginning in 2024. b. During 2024 , equipment with a cost of $300,000 (90\% depreciated) was sold. c. The statement of shareholders' equity reveals reductions of $225,000 and $450,000 for stock dividends and cash dividends, respectively. Problem 21-20 (Static) Part 2 2. Prepare the statement of cash flows for Metagrobolize Industries. Use the T-account method to assist in your analysis. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands. (i.e., 10,000 should be entered as 10). 2. Prepare the statement of cash flows for Metagrobolize Industries. Use the T-account method to assist in your analysis. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands, (i.e., 10,000 should be entered as 10). ( Required information

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