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Presented below are the 2021 income statement and comparative balance sheets for Santana Industries. Additional information for the 2021 fiscal year ($ in thousands): 1.

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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 $2,500 were declared and paid. 2. Equlpment costing $7,000 was purchased with cash. 3. Equipment with a book value of $2,000 (cost of $4,500 less accumulated depreciation of $2,500 ) was sold for $2,000. 4. Depreciation of $3,100 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.) Prev 1 of 2 Next Additional information for the 2021 fiscal year ( $ in thousands): 1. Cash dividends of $2,500 were declared and 2aid. 2. Equipment costing $7,000 was purchased with cash. 3. Equipment with a book value of $2,000 (cost of $4,500 less accumulated depreclation of $2,500 ) was sold for $2,000. 4. Depreciation of $3,100 is included in operating expenses. Required: Prepare Santana Industries' 2021 statement of cash flows, using the indirect mothod 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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