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5 S 02:51:27 Balance Sheet Information ($ in thousands) Assets: Cash Accounts receivable Inventory Prepaid rent Equipment Less: Accumulated depreciation Total assets Liabilities and
5 S 02:51:27 Balance Sheet Information ($ in thousands) Assets: Cash Accounts receivable Inventory Prepaid rent Equipment Less: Accumulated depreciation Total assets Liabilities and Shareholders' Equity: Accounts payable December 31, 2024 $ 8,600 3,100 4,600 December 31, 2023 $ 2,470 2,500 3,300 180 360 12,600 (4,800) 15,100 (5,400) $ 26,180 $ 16,430 Interest payable Deferred revenue Income taxes payable Notes payable (due 12/31/2026) Common stock Retained earnings Total liabilities and shareholders' equity Additional information for the 2024 fiscal year ($ in thousands): 1. Cash dividends of $1,300 were declared and paid. 2. Equipment costing $4,600 was purchased with cash. $ 2,000 $1,400 130 0 860. 630 580 860 5,600 0 10,300 10,300 6,710 $ 26,180 3,240 $16,430 3. Equipment with a book value of $800 (cost of $2,100 less accumulated depreciation of $1,300) was sold for $800. 4. Depreciation of $1,900 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. Answer is not complete.
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