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



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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 were declared and paid. 2. Equipment costing was purchased with cash. 3. Equipment with a book value of (cost of less accumulated depreciation of ) was sold for . 4. Depreciation of is included in operating expenses. Requlred: 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 Indlcated with a minus sign. Enter your answers In thousands.


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