Question: BE 1 3 . 9 ( LO 4 ) ( Prepare financing activities section. ) Nicoloff Corporation reported the following information ( in thousands )

BE13.9(LO 4)(Prepare financing activities section.) Nicoloff Corporation reported the following information (in thousands) at December 31,2024:20242023Dividends payable$15$10Bank loan payablecurrent portion200200Bank loan payablenon-current portion400300Common shares600400Retained earnings700500Additional information:
The bank loan was increased by additional borrowings of $300 to partially finance the purchase of new equipment that cost $500. The bank loan was decreased by repayments.Common shares were issued during the year. None were repurchased.The company paid dividends during the year.Net income for the year was $400.Prepare the financing activities section of Nicoloffs statement of cash flows for the year.

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