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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):

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed 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 $1,800 were declared and paid. 2. Equipment costing $5,600 was purchased with cash. 3. Equipment with a book value of $1,300 (cost of $3,100 less accumulated depreciation of $1,800 ) was sold for $1,300. 4. Depreciation of $2,400 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.) \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ SANTANA INDUSTRIES } \\ \hline \multicolumn{2}{|c|}{ Statement of Cash Flows } \\ \hline Cash flows from operating activities: & \\ \hline \multicolumn{2}{|c|}{ in thousands) } \\ \hline Adjustments for noncash effects: & \\ \hline & \\ \hline Changes in operating assets and liabilities: & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline Cash flows from investing activities: & \\ \hline & \\ \hline Net cash flows from investing activities & \\ \hline \end{tabular}

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