Oriole Corporation reported the following information (in thousands) at December 31, 2018: Additional information: 1. The bank loan was increased by additional borrowings of $330 to partially finance the purchase of new equipment that cost $700. The bank loan was decreased by repayments. 2. Common shares were issued during the year. None were reacquired. 3. Dividends were paid during the year. 4. Net income for the year was $420. Note X to the Statement of Cash Flows: During the year, the company purchased equipment costing $700 by paying $370 cash and issuing a $ bank loan payable