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Presented below are the 2 0 2 4 income statement and comparative balance sheets for Santana Industries. Additional information for the 2 0 2 4
Presented below are the income statement and comparative balance sheets for Santana Industries. Additional information for the fiscal year $ in thousands: Cash dividends of $ were declared and paid. Equipment costing $ was purchased with cash. Equipment with a book value of $cost of $ less accumulated depreciation of $ was sold for $ Depreciation of $ is included in operating expenses. Required: Prepare Santana Industries' 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.
Presented below are the income statement and comparative balance sheets for Santana Industries.
Additional information for the fiscal year $ in thousands:
Cash dividends of $ were declared and paid.
Equipment costing $ was purchased with cash.
Equipment with a book value of $cost of $ less accumulated depreciation of $ was sold for $
Depreciation of $ is included in operating expenses.
Required:
Prepare Santana Industries' 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.
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