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i need you to answer the follwing boxs with number using the table The comparative baiance sheets for 2024 and 2023 and the statement of
i need you to answer the follwing boxs with number using the table
The comparative baiance sheets for 2024 and 2023 and the statement of income for 2024 are given below for Dux Company. Additional information from Dux's accounting records is provided also. Additional information from the accounting records a. A buliding that originally cost $32,000, and which was three-fourths depreciated. was sold for $3.000. b. The common stock of Byrd Corporation was purchased for $3.000 as a long-term investment c. Property was acquired by issuing a 12%, seven-year, 520,000 note payable to the seller. d. New equipment was purchased for $18,000 cash e. On January 1,2024, bonds were sold ot their $25,000 face volue. f. On January 19, Dux issued a 3% stock dividend (1.000 shares). The market price of the $10 par value common stock was $14 per share ot that fime 9. Cash dividends of $16,000 were paid to shatehoiders . On November 12, 500 shares of common stock were repurchased as treasury stock at a cost of 57000 Required: Prepare the statement of cash flows of Dus 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 10). Amounts to be deducted should be indicated with a minus sign Step by Step Solution
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