use chart show work on the side if needed

Presented below are the 2018 Income statement and comparative balance sheets for Santana Industries. SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2018 ($ in thousands) sales revenue Service revenue Total revenue Operating expenses: Cost of goods sold Selling General and administrative Total operating expenses Operating income Interest expense Income before income taxes Income tax expense Net income Balance Sheet Information ($ in thousands) Assets: Cash Accounts receivable Inventory Prepaid rent Plant and equipment Less: Accumulated depreciation Total assets Liabilities and shareholders' Equity: Accounts payable Interest payable Deferred service revenue Income taxes payable Loan payable (due 12/31/2820) Common stock Retained earnings $ 16,450 5,680 Total liabilities and shareholders' equity 8,300 3,500 2,680 $ 22,050 14,480 7,650 310 7,348 3,600 $ 3,748 Dec. 31, 2018 $ 8,450 4,788 6,200 268 16,788 (6,200) $ 30,110 $ 3,600 210 1,820 668 7,288 11,100 6,320 $ 30,110 Dec. 31, 2017 $ 3,190 3,300 4,100 520 14, 200 (5,600) $ 19,718 $ 2,200 8 710 1,020 8 11,100 4,680 $ 19,710 Additional Information for the 2018 fiscal year ($ in thousands): 1. Cash dividends of $2,100 were declared and paid. 2. Equipment costing $6,200 was purchased with cash. 3. Equipment with a book value of $1,600 (cost of $3,700 less accumulated depreciation of $2,100) was sold for $1,600. 4. Depreciation of $2,700 Is Included in operating expenses. Required: Prepare Santana Industries' 2018 statement of cash flows, using the Indirect method to present cash flows from operating activities. (Amounts to be deducted should be Indicated with a minus sign. Enter your answers in thousands.) Required: Prepare Santana Industries' 2018 statement of cash flows, using the Indirect method to present cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.) SANTANA INDUSTRIES Statement of Cash Flows For the Year Ended December 31, 2018 ($ in thousands)