WC Canvas Discovery Chapter 10 Do It... Is it working X + plus.com/courses/43419/assignments/5249253 Metlock, Inc. issued the following statement of cash flows for 2019. Metlock, Inc. Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2019 Cash flows from operating activities Net income $56,600 $8.900 8,500 (4.700) Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense Loss on disposal of plant assets Increase in inventory Decrease in accounts receivable Decrease in accounts payable Net cash provided by operating activities Cash flows from investing activities Sale of investments 3.200 (2.800 ) 13.100 69,700 3.000 Purchase of equipment (27.100) Net cash used by investing activities 124.100 e wc Canvas Discovery x Chapter 10 Do It.. Is it working X + m/courses/43419/assignments/5249253 Sale or investments BUDU 127.100) Purchase of equipment Net cash used by investing activities Cash flows from financing activities 124.100) Issuance of stock 19.400 Payment on long-term note payable 112.800) Payment for dividends (17.100) Net cash used by financing activities (10,500) Net increase in cash 35,100 Cash at beginning of year 11.900 Cash at end of year $47.000 (a) Compute free cash flow for Metlock Inc. (Enter negative amount using either a negative sign preceding the numberes. -45 or parentheses eg. (451) Free cash flow $ e Textbook and Media o e 3:24 PM 5/20/2020