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Metlock, Inc.'s income statement contained the condensed information below. $1,067,000 Metlock, Inc. Income Statement For the Year Ended December 31, 2022 Service revenue Operating expenses,
Metlock, Inc.'s income statement contained the condensed information below. $1,067,000 Metlock, Inc. Income Statement For the Year Ended December 31, 2022 Service revenue Operating expenses, excluding depreciation $675,400 Depreciation expense 60,500 Loss on disposal of plant assets 17,600 Income before income taxes Income tax expense Net income 753,500 313,500 61.600 $251 900 Metlock Inc's balance sheets contained the following comparative data at December 31 2021 $66.000 Accounts receivable Accounts payable Income to payable 2022 $77000 45.100 14 300 35.200 7.700 Accounts payable pertain to operating expenses strepare the operating activities section of the tecemento cashifiant directed (Show amounts that decrede cash flow with either a signe.g. 15,000 or in parenthesis a. 15.000 Metlock, Inc. prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a signe.g. - 15,000 or in parenthesis eg. (15,000)) Metlock, Inc. Partial Statement of Cash Flows For the Year Ended December 31, 2022 $ Adjustments to reconcile net income to V S
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