DUX COMPANY Income Statement For the Year Ended December 31, 2021 ($ in thousands) Revenues Sales revenue Dividend revenue $ 300 7 $ 307 Expenses Cost of goods sold 170 Salaries expense 45 Depreciation expense 6 Bad debt expense 1 Interest expense 10 Loss on sale of building 7 Income tax expense 22 261 Net income $ 46 Additional information from the accounting records: a. A building that originally cost $60,000, and which was three-fourths depreciated, was sold for $8,000. b. The common stock of Byrd Corporation was purchased for $2,000 as a long-term investment. c. Property was acquired by issuing a 13%, seven-year, $35,000 note payable to the seller. d. New equipment was purchased for $25,000 cash. e. On January 1, 2021, bonds were sold at their $25,000 face value. f. 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. g. Cash dividends of $11,000 were paid to shareholders. h. On November 12, 500 shares of common stock were repurchased as treasury stock at a cost of $6,000. Required: Prepare the statement of cash flows of Dux Company for the year ended December 31, 2021. Present cash flows from operating activities by the direct method. (Do not round your intermediate calculations. Enter your answers in thousands (i.e., 10,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.) DUX COMPANY Statement of Cash Flows For the year ended December 31, 2021 ($ in thousands) Coch flown from anarating nativition.