2024 2023 Dividends payable $15 $5 Bank loan payable-current portion 260 260 Bank loan payable-non-current portion 420 350 Common shares 630 465 Retained earnings 770 545 Additional information: 1. The bank loan was increased by additional borrowings of $330 to partially finance the purchase of new equipment that cost $540. The bank loan was decreased by repayments. 2. Common shares were issued during the year. None were repurchased. 3. The company paid dividends during the year. 4. Net income for the year was $410. Prepare the financing activities section of Ivanhoe's statement of cash flows for the year. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000). Enter amounts in thousands.) IVANHOE CORPORATION Statement of Cash Flows (Partial) ($in thousands) $ $ Note X to the Statement of Cash Flows: During the year, the company purchased equipment costing $540 by paying $210 cash and Tissuing a $ bank loan payable.