Question: PLEASE HELP ME ASAP ITS DUE SOON P 4-11 Statement of cash flows; indirect method 5 LO4-8 Presented below are the 2024 income statement and

PLEASE HELP ME ASAP ITS DUE SOON
P 4-11 Statement of cash flows; indirect method 5 LO4-8 Presented below are the 2024 income statement and combarative balance sheets for Santana Industries. Additional information for the 2024 fiscal year (\$ in thousands): 1. Cash dividends of $1,000 were declared and paid. 2. Equipment costing $4,000 was purchased with cash. 3. Equipment with a book value of $500 (cost of $1,500 less accumulated depreciation of $1,000 ) was sold for $500. 4. Depreciation of $1,600 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. Use a format similar to the one in the Concept Review Exercise at the end of Part B of this chapter
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