(Solved): Presented below are the 2024 income statement and comparative balance sheets for Santana Industrie ...

Presented below are the 2024 income statement and comparative balance sheets for Santana Industries. Additional information for the 2024 fiscal year ( $\$$ in thousands): 1. Cash dividends of $\$1,100$ were declared and paid. 2. Equipment costing $\$4,200$ was purchased with cash. 3. Equipment with a book value of $\$600$ (cost of $\$1,700$ less accumulated depreciation of $\$1,100$ ) was sold for $\$600$. 4. Depreciation of $\$1,700$ is included in operating expenses. Required: Prepare Santana Industries' 2024 statement of cash flows, using the indirect method to present cash flows from operating activities. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.