The following information is available for Metlock, Inc. for 2022. Cash used to purchase treasury stock Cash dividends paid Cash paid for interest Net income Sales revenue Cash paid for taxes Cash received from customers Cash received from sale of building (at book value) Cash paid for operating expenses Beginning cash balance Cash paid for goods and services Cash received from issuing common stock Cash paid to redeem bonds at maturity Cash paid to purchase equipment $71,188 32,264 33,152 687,164 1,186,960 146,520 837,828 292,448 113,960 16,280 413,068 525,400 296,000 167,536

The following information is available for Metlock, Inc. for 2022. Cash used to purchase treasury stock Cash dividends paid Cash paid for interest Net income Sales revenue Cash paid for taxes Cash received from customers Cash received from sale of building (at book value) Cash paid for operating expenses Beginning cash balance Cash paid for goods and services Cash received from issuing common stock Cash paid to redeem bonds at maturity Cash paid to purchase equipment $71,188 32,264 33,152 687,164 1,186,960 146,520 837,828 292,448 113,960 16,280 413,068 525,400 296,000 167,536

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Description: Please do not give solution in image format thanku The following information is available for Metlock, Inc. for 2022.Cash used to purchase treasury stockCash dividends paidCash paid for interestNet incomeSales revenueCash paid for taxesCash received

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 47E

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