Sandhill Corporation reported the following information (in thousands) at December 31, 2018: 2018 $ 20 2017 $ 5 270 270 Dividends payable Bank loan payable-current portion Bank loan payable-non-current portion Common shares Retained earnings 470 305 670 415 730 595 Additional information: 1. The bank loan was increased by additional borrowings of $310 to partially finance the purchase of new equipment that cost $680. The bank loan was decreased by repayments. 2. Common shares were issued during the year. None were reacquired. 3. Dividends were paid during the year. 4. Net income for the year was $410. Prepare the financing activities section of Sandhill's statement of cash flows for the year. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) SANDHILL CORPORATION Statement of Cash Flows (Partial) ($ in thousands) Financing activities $ $ Note X to the Statement of Cash Flows: During the year, the company purchased equipment costing $680 by paying $370 cash and issuing a $ bank loan payable. Financing activities TA Surrender of common shares Repayment of bank loan payable Bank loan receivable Payment of cash dividends Issue of common shares Cash dividends received se.g. (15,000).) LL CORPORATION of Cash Flows (Partial) in thousands) F Cash at beginning of period Cash at end of period Cash flows from financing activities Cash flows from investing activities Cash flows from operating activities Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used by financing activities Net cash used by investing activities Net cash used by operating activities Net decrease in cash Net increase in cash