The following information is available for Metlock Corporation for the year ended December 31, 2022. Beginning cash balance $35,000 Accounts payable decrease 3,100 Depreciation expense 78,000 Accounts receivable increase 9.200 Inventory increase 12,600 Net income 258,500 Cash received for sale of land at book value 35,000 Sales revenue 740,500 11,400 Cash dividends paid Income tax payable increase Cash used to purchase building 4.700 146,500 36,600 Cash used to purchase treasury stock 295,000 Cash received from issuing bonds Question 1 of 15 > -/1 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a signes -15.000 or in parenthesis es. (15,000).) METLOCK CORPORATION Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to $ AU : 5 6 7 8 3 0 9 2 T U 0 Y E R P W G J H KL D S A V V N B NM