Net income Cash Assignment | College Homework Help

Question 1 View Policies Current Attempt in Progress The following information is available for Metlock, Inc. for the year ended December 31, 2022. $ 27,000 2,220 97.200 4.920 4.920 Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds 6,600 170,460 21.000 7.200 2.820 173,400 15,600 120,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either as Metlock, Inc. Statement of Cash Flows Indirect Method Adjustments to reconcile net income to Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either as Metlock, Inc. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to Save for Later