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Additional information for the 2021 fiscal year ($ in thousands): Cash dividends of $1,800 were declared and paid. Equipment costing $5,600 was purchased with cash.
Additional information for the 2021 fiscal year ($ in thousands):
- Cash dividends of $1,800 were declared and paid.
- Equipment costing $5,600 was purchased with cash.
- Equipment with a book value of $1,300 (cost of $3,100 less accumulated depreciation of $1,800) was sold for $1,300.
- Depreciation of $2,400 is included in operating expenses.
Required: Prepare Santana Industries' 2021 statement of cash flows, using the indirect method to present cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.)
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