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Additional information from Dux's accounting records is provided also. Adwional informotion from the accounting records a. A bulding that originally cost $40,000 ond which wos
Additional information from Dux's accounting records is provided also. Adwional informotion from the accounting records a. A bulding that originally cost $40,000 ond which wos three fourths depreciated, was told for $7,000 b. The common stock of Byrd Corporation was purchased for $4,000 os a iong-term investinent c. Property wos acquired by issuing a 14\%, seven-year, 520,000 note poysble to the seller Additional information from the accounting records: a. A building that originally cost $40,000, and which was three-fourths depreciated, was sold for $7,000 b. The common stock of Byrd Corporation was purchosed for $4,000 as o long-term investment. c. Property wos acquired by issuing a 14%, seven-year, $20,000 note payable to the seller. d. New equipment wos purchased for $37,000cash e. On January 1, 2024, bonds were sold at their $25,000 face value f. On January 19 , Dux issued o 5% stock dividend (1,000 shares). The market price of the $10 par value common stock was $14 per share ot that time 9. Cash dividends of $11,000 were paid to shareholders. h. On November 12,1,000 shares of common stock were repurchased as treasury stock at a cost of $8,000 Required: Prepare the statement of cash flows of Dux Company for the year ended December 31, 2024. Present cash flows from operating activities by the direct method Note: Do not round your intermediate calculations. Enter your answers in thousands (i.e., 10,000 should be entered as 40 ). Amounts to be deducted should be indicated with a minus sign. DUX COMPANY Statement of Cash Flows For the year ended December 31, 2024 ( $ in thousands) Cash flows from operating activities: Cashinfiows
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