Additional information from the accounting records:

A building that originally cost $48,000, and which was three-fourths depreciated, was sold for $8,000.

The common stock of Byrd Corporation was purchased for $3,000 as a long-term investment.

Property was acquired by issuing a 10%, seven-year, $20,000 note payable to the seller.

New equipment was purchased for $22,000 cash.

On January 1, 2018, bonds were sold at their $25,000 face value.

On January 19, Dux issued a 5% stock dividend (1,000 shares). The market price of the $10 par value common stock was $14 per share at that time.

Cash dividends of $11,000 were paid to shareholders.

On November 12, 1,000 shares of common stock were repurchased as treasury stock at a cost of $11,000.

Prepare the statement of cash flows for Dux Company. Use the T-account method to assist in your analysis. (Do not round your intermediate calculations. Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)

DUX COMPANY Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s) 2018 2017 Assets Cash Accounts receivable $55 $ 27 56 41 Less: Allowance for uncollectible accounts Dividends receivable Inventory Long-term investment Land Buildings and equipment 95 27 95 194 34 $ 476 90 24 75 220 60 435 Less: Accumulated depreciation Liabilities Accounts payable Salaries payable Interest payable Income tax payable Notes payable Bonds payable $ 76 $ 8.3 10 10 20 80 Less: Discount on bonds Shareholders' Equity Common stock Paid-in capital-excess of par Retained earnings 210 24 56 200 20 58 Less: Treasury stock (at cost) $ 476 435 DUX COMPANY Income Statement For the Year Ended December 31, 2018 (in 000s) Revenues Sales revenue Dividend revenue $ 270 6 $276 Expenses Cost of goods sold Salaries expense Depreciation expense Bad debt expense Interest expense Loss on sale of building Income tax expense $160 39 10 4 $ 30 252 $ 24 Net income