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Presented below are the 2024 income statement and comparatlve balance sheets for Santana Industrles. Additional Information for the 2024 fiscal year ($ In thousands): 1.

image text in transcribedimage text in transcribed Presented below are the 2024 income statement and comparatlve balance sheets for Santana Industrles. Additional Information for the 2024 fiscal year (\$ In thousands): 1. Cash dividends of $1,300 were declared and pald. 2. Equipment costing $4,600 was purchased with cash. 3. Equipment with a book value of $800 (cost of $2,100 less accumulated depreciation of $1,300 ) was sold for $800. 4. Depreclation of $1,900 is included in operating expenses. Required: Prepare Santana Industries' 2024 statement of cash flows, using the Indirect method to present cash flows from operating activit Note: Amounts to be deducted should be Indlcated with a minus sign. Enter your answers in thousands

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