During $20$X$1,$ Jacinta Manufacturing Company $($JMC$)$ declared and paid cash dividends of $$10,000.$ Late in the year, JMC bought new welding machinery for a cash cost of $$125,000,$ financed partly by its first issue of long$-$term debt. Interest on the debt is payable annually. JMC sold several old machines for cash equal to their aggregate book value of $$5,000.$ The company pays taxes in cash as incurred. The following data are in thousands:

$\backslash$table$[[$Sales$,,$$$490$