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1. Cash dividends of $2,800 were declared and paid. 2. Equipment costing $7,600 was purchased with cash. 3. Equipment with a book value of $2,300

image text in transcribedimage text in transcribed 1. Cash dividends of $2,800 were declared and paid. 2. Equipment costing $7,600 was purchased with cash. 3. Equipment with a book value of $2,300 (cost of $5,100 less accumulated depreciation of $2,800 ) was sold for $2,300. 4. Depreciation of $3,400 is included in operating expenses. requirea: 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

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