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1. Cash dividends of $1,900 were declared and paid. 2. Equipment costing $5,800 was purchased with cash. 3. Equipment with a book value of $1,400

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1. Cash dividends of $1,900 were declared and paid. 2. Equipment costing $5,800 was purchased with cash. 3. Equipment with a book value of $1,400 (cost of $3,300 less accumulated depreciation of $1,900 ) was sold for $1,400. 4. Depreciation of $2,500 is included in operating expenses. Required: Prepare Santana Industries' 2024 statement of cash flows, using the indirect method to present cash flows from operating activities. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands. Additional information for the 2024 fiscal year (\$ in thousands)

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