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  3. net income for the year was $410. prepare the fi

Net income for the year was $410. Prepare the financing activities section of...

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Accounting

Net income for the year was $410.
Prepare the financing activities section of Ivanhoe's statement of cash flows for the year. (Show amounts that decrease cash flow
with either a- sign e.g.-15,000 or in parenthesis e.g.(15,000). Enter amounts in thousands.)
IVANHOE CORPORATION
Statement of Cash Flows (Partial)
($ in thousands)
$
$
Note x to the Statement of Cash Flows: During the year, the company purchased equipment costing $540 by paying $210 cash and
issuing a $
bank loan payable.Current Attempt in Progress Ivanhoe Corporation reported the following information (in thousands) at December 31,2024: Additional information: The bank loan was increased by additional borrowings of $330 to partially finance the purchase of new equipment that cost $540. 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 $410. Prepare the financing activities section of Ivanhoe's statement of cash flows for the year. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g.(15,000)).)
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