Sheridan Corporation reported the following information (in thousands) at December 31, 2018 : Additional information: 1. The bank loan was increased by additional borrowings of $400 to partially finance the purchase of new equipment that cost $580. 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 $500. Prepare the financing activities section of Sheridan '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).) either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Note X to the Statement of Cash Flows: During the year, the company purchased equipment costing $580 by paying $180 cash and issuing a $ bank loan payable