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(Solved): The balance sheet data of Metlock Company at the end of 2025 and 2024 follow. Land was acquired fo ...



The balance sheet data of Metlock Company at the end of 2025 and 2024 follow.
Land was acquired for \( \$ 30,300 \) in exchan

The balance sheet data of Metlock Company at the end of 2025 and 2024 follow. Land was acquired for in exchange for common stock, par , during the year; all equipment purchased was for cash. Equipment costing was sold for ; book value of the equipment was . Cash dividends of were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a-sign e.g. -12,000 or in parenthesis e.g. (12,000).


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Computation of net cash provided (used) by:a. Operating activities:Cash flow from operating activitiesNet income$13,360Adjustments to reconcile net ca
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