equired information Skip to question [The following information applies to the questions displayed below.] The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Dux Company. Additional information from Duxs accounting records is provided also. DUX COMPANY Comparative Balance Sheets December 31, 2021 and 2020 ($ in thousands) 2021 2020 Assets Cash $ 519 $ 362 Accounts receivable 84 86 Less: Allowance for uncollectible accounts (4 ) (3 ) Dividends receivable 39 20 Inventory 109 86 Long-term investment 105 100 Land 196 130 Buildings and equipment 603 628 Less: Accumulated depreciation (115 ) (122 ) $ 1,536 $ 1,287 Liabilities Accounts payable $ 49 $ 56 Salaries payable 20 23 Interest payable 22 20 Income tax payable 25 26 Notes payable 66 0 Bonds payable 599 430 Less: Discount on bonds (20 ) (21 ) Shareholders' Equity Common stock 390 380 Paid-in capitalexcess of par 132 110 Retained earnings 261 263 Less: Treasury stock (8 ) 0 $ 1,536 $ 1,287 DUX COMPANY Income Statement For the Year Ended December 31, 2021 ($ in thousands) Revenues Sales revenue $ 560 Dividend revenue 39 $ 599 Expenses Cost of goods sold $ 336 Salaries expense 43 Depreciation expense 23 Bad debt expense 1 Interest expense 44 Loss on sale of building 3 Income tax expense $ 52 502 Net income $ 97 Additional information from the accounting records: A building that originally cost $40,000, and which was three-fourths depreciated, was sold for $7,000. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment. Property was acquired by issuing a 13%, seven-year, $66,000 note payable to the seller. New equipment was purchased for $15,000 cash. On January 1, 2021, bonds were sold at their $169,000 face value. On January 19, Dux issued a stock dividend (1,000 shares). The market price of the $10 par value common stock was $32 per share at that time. Cash dividends of $67,000 were paid to shareholders. On November 12, 2,300 shares of common stock were repurchased as treasury stock at a cost of $8,000. Required: Prepare the T-account for Dux Company. (Enter your answers in thousands. (i.e., 10,000 should be entered as 10).)