Presented below are the 2021 income statement and comparative balance sheets for Santana Industries. SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $ 16,250 Service revenue 5,400 Total revenue $ 21,650 Operating expenses: Cost of goods sold 8,200 Selling expense 3,400 General and administrative expense 2,500 Total operating expenses 14,100 Operating income 7,550 Interest expense 250 Income before income taxes 7,300 Income tax expense 2,600 Net income $ 4,700 Balance Sheet Information ($ in thousands) Dec. 31, 2021 Dec. 31, 2020 Assets: Cash $ 9,300 $ 3,100 Accounts receivable 4,500 3,200 Inventory 6,000 4,000 Prepaid rent 250 500 Equipment 16,500 14,000 Less: Accumulated depreciation (6,100 ) (5,500 ) Total assets $ 30,450 $ 19,300 Liabilities and Shareholders Equity: Accounts payable $ 3,400 $ 2,100 Interest payable 200 0 Deferred revenue 1,000 700 Income taxes payable 650 1,000 Notes payable (due 12/31/2023) 7,000 0 Common stock 11,000 11,000 Retained earnings 7,200 4,500 Total liabilities and shareholders' equity $ 30,450 $ 19,300 Additional information for the 2021 fiscal year ($ in thousands): Cash dividends of $2,000 were declared and paid. Equipment costing $6,000 was purchased with cash. Equipment with a book value of $1,500 (cost of $3,500 less accumulated depreciation of $2,000) was sold for $1,500. Depreciation of $2,600 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