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Please fill out the statement of cash flows. Thanks!!! :) Presented below are the 2021 income statement and comparative balance sheets for Santana Industries. Additional
Please fill out the statement of cash flows. Thanks!!! :)
Presented below are the 2021 income statement and comparative balance sheets for Santana Industries. Additional information for the 2021 fiscal year ( $ in thousands): 1. Cash dividends of $2,700 were declared and paid. 2. Equipment costing $7,400 was purchased with cash. 3. Equipment with a book value of $2,200 (cost of $4,900 less accumulated depreciation of $2,700 ) was sold for $2,200. 4. Depreciation of $3,300 is included in operating expenses. \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ Statement of Cash Flows } \\ \hline \multicolumn{2}{|c|}{ For the Year Ended December 31, 2021} \\ \hline \multicolumn{2}{|c|}{ ( $ in thousands) } \\ \hline \multicolumn{2}{|l|}{ Cash flows from operating activities: } \\ \hline \multicolumn{2}{|l|}{ Adjustments for noncash effects: } \\ \hline & \\ \hline \multicolumn{2}{|l|}{ Changes in operating assets and liabilities: } \\ \hline & \\ \hline & \\ \hline & \\ \hline \multirow{2}{*}{\multicolumn{2}{|c|}{2=}} \\ \hline & \\ \hline \\ \hline & \\ \hline \multicolumn{2}{|l|}{2} \\ \hline Net cash flows from operating activities & $ \\ \hline \multicolumn{2}{|l|}{ Cash flows from investing activities: } \\ \hline & \\ \hline & \\ \hline & 0 \\ \hline Net cash flows from investing activities & 0 \\ \hline \multicolumn{2}{|l|}{ Cash flows from financing activities: } \\ \hline & \\ \hline & \\ \hline & \\ \hline Net cash flows from financing activities & 0 \\ \hline Net increase in cash & 0 \\ \hline Cash, January 1 & \\ \hline \end{tabular}Step by Step Solution
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