Presented below are the 2021 income statement and comparative balance sheets for Santana Industries. Please make a statement of cash flows using the direct method.

@ Homepage - Intermediate Accoux M MHE Reader X G how to get cash from customers x + X - -> On A https://player-ui.mheducation.com/#/epub/sn_Of85#epubcfi(%2F6%2F182%5Bdata-uuid-1378c54fe7a64f7faf4fe4cb6734f2c0%5D!%2F4%2F2. Balance Sheet Information (Sin thousands) Dec. 31, 2021 Dec. 31, 2020 Assets: Cash $ 8,300 $ 2,200 Accounts receivable 2,500 2,200 Inventory 4,000 3,000 Prepaid rent 150 300 Equipment 14,500 12,000 Less: Accumulated depreciation (5,100) (4,500) Total assets $ 24,350 $ 15,200 Liabilities and shareholders' equity: Accounts payable $ 1,400 $ 1,100 Interest payable 100 0 Deferred revenue 800 600 Income taxes payable 550 800 Notes payable (due 12/31/2023) 5,000 0 Common stock 10,000 10,000 Retained earnings 6,500 2,700 Total liabilities and shareholders' equity $ 24,350 $ 15,200 Additional information for the 2021 fiscal year ($ in thousands): Page 224 Type here to search O N hulu 3:14 PM 9/30/2020@ Homepage - Intermediate Accoux M MHE Reader X G how to get cash from customers x + X -> 0 n A https://player-ui.mheducation.com/#/epub/sn_Of85#epubcfi(%2F6%2F182%5Bdata-uuid-1378c54fe7a64f7faf4fe4cb6734f2c0%5D!%2F4%2F2.. A!A Prepaid rent 150 300 Equipment 14,500 12,000 Less: Accumulated depreciation (5,100) (4,500) Total assets $ 24,350 $ 15,200 Liabilities and shareholders' equity: Accounts payable $ 1,400 $ 1,100 Interest payable 100 0 Deferred revenue 800 600 Income taxes payable 550 800 Notes payable (due 12/31/2023) 5.000 0 Common stock 10,000 10,000 Retained earnings 6,500 2,700 Total liabilities and shareholders' equity $ 24,350 $ 15,200 Additional information for the 2021 fiscal year ($ in thousands): Page 224 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 $1,600 is included in operating expenses. Type here to search O N hulu 3:14 PM 9/30/2020B Homepage - Intermediate Accoux M MHE Reader X G how to get cash from customers x + X F -> 0 n A https://player-ui.mheducation.com/#/epub/sn_Of85#epubcfi(%2F6%2F182%5Bdata-uuid-1378c54fe7a64f7faf4fe4cb6734f2c0%5D!%2F4%2F2... AA LU4 0 M Presented below are the 2021 income statement and comparative balance sheets for Santana Industries. SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $ 14,250 Service revenue 3,400 Total revenue $17,650 Operating expenses: Cost of goods sold 7,200 Selling expense 2,400 General and administrative expense 1,500 Total operating expenses 11,100 Operating income 6,550 Interest expense 150 Income before income taxes 6,400 Income tax expense 1,600 Net income $4,800 Delonge Chest Infom w chin the 2021 Type here to search O EI N hulu 3:14 PM 9/30/2020