Question: please only correct the answers outlined in red (PLEASE CORRECT ANSWERS ONLY THANK YOUU) Sandhill Corporation reported the following information (in thousands) at December 31,

Sandhill Corporation reported the following information (in thousands) at December 31, 2024: Additional information: 1. The bank loan was increased by additional borrowings of $360 to partially finance the purchase of new equipment that cost $700. The bank loan was decreased by repayments. 2. Common shares were issued during the year. None were repurchased. 3. The company paid dividends during the year. 4. Net income for the year was $450. Prepare the financing activities section of Sandhill's statement of cash flows for the year. (Show amounts that decrease cosh flow with either a-sign eg - 15,000 or in parenthesis eg. (15,000). Prepare the financing activities section of Sandhill's statement of cash flows for the year. (Show amounts that decrease cash flow with either a - sign eg. 15,000 or in parenthesis eg. (15,000) ) Note X to the Statement of Cash Flows: During the year, the company purchased equipment costing $700 by paying $340 cash and issuing a \$ bank loan payable
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