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jantana Industries. Additional information for the 2024 fiscal year ( $ in thousands): 1. Cash dividends of $2,900 were declared and paid. 2. Equipment costing
jantana Industries. Additional information for the 2024 fiscal year ( $ in thousands): 1. Cash dividends of $2,900 were declared and paid. 2. Equipment costing $7,800 was purchased with cash. 3. Equipment with a book value of $2,400 (cost of $5,300 less accumulated depreciation of $2,900 ) was sold for $2,400. 4. Depreciation of $3,500 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. \begin{tabular}{|c|c|c|} \hline Net cash flows from operating activities & & \\ \hline Cash flows from investing activities: & & \\ \hline & & \\ \hline & & \\ \hline Net cash flows from investing activities & & \\ \hline Cash flows from financing activities: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Net cash flows from financing activities & & \\ \hline Net increase in cash & & \\ \hline Cash, January 1 & & \\ \hline Cash, December 31 & & \\ \hline \end{tabular}
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