US Financial Accounting, Seventh Canadian Edition by Kimmel, Weygandt, Kieso, Trenholm, Irvine, and Burnley ES Help I System Announcements Question 4 Ivanhoe Corporation reported the following information (in thousands) at December 31, 2018: Dividends payable Bank loan payable-current portion Bank loan payable-non-current portion Common shares Retained earnings 2018 2017 $ 25 $5 220 220 500 325 690 500 800 515 PRINTER VERSION RACK NEXT Additional information: The bank loan was increased by additional borrowings of $320 to partially finance the purchase of new equipment that cost $620. The bank loan was decreased by repayments. Common shares were issued during the year. None were reacquired. 1. 2. 3. Dividends were paid during the year. 4. Net income for the year was $490. Prepare the financing activities section of Ivanhoe 's statement of cash flows for the year. (Show amounts that decrease cash flow with either a sign e.g.-15,000 or in parenthesis .. (15,000).) Financing activities IVANHOE CORPORATION Statement of Cash Flows (Partial) ($ in thousands) Year Ended December 31, 2018 v Note X to the Statement of Cash Flows: During the year, the company purchased equipment costing $620 by paying $300 cash and issuing a $ MacBook Air bank loan payable