Prepare the statement of cash flows for Dux Company using the indirect method.

Problem 21-16 (Static) Statement of cash flows; indirect method [L021-4, 21-8) The comparative balance 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. DUX COMPANY Comparative Balance Sheets December 31, 2024 and 2023 ($ in thousands) Assets Cash Accounts receivable Less: Allowance for uncollectible accounts Dividends receivable Inventory Long-term investment Land Buildings and equipment Less: Accumulated depreciation Liabilities Accounts payable Salaries payable Interest -payable Income tax payable Notes payable Bonds payable Less: Discount on bonds Shareholders' Equity Common stock Paid-in capitalexcess of par Retained earnings Less: 'Treasury stock DUX COMPANY Income Statement For the Year Ended December Blf -2024 in&lousands 204 $33 48 (4) $5 15 70 225 (25) $ 420 $ 13 30 95 (2) 210 24 45 (8) $ 420 2023 $ 20 250, $ 369' $9 369 Revenues Sales revenue Dividend revenue Expenses Cost of goods sold Salaries expense Depreciation expense Bad debt expense Interest expense Loss on sale of building Income tax expense Net income $ 200 120 25 16 $ 23 178 $ 25 Additional information from the "counting records: a. A building that originally cost $40,000, and which was three-fourths b. The common stock of Byrd Corporation was purchased for $5,000 as a c. Property was acquired by issuing a 13%, seven-year, $30,000 note payable to the elile+l)jqj e. On January 1, 20241 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 $13,000 were paid to shareholders. h. On November 12, 500 shares of common stock were repurchased as treasury stock at a cost of $8,000, Required: Prepare the statement of cash flows for Dux Company using the indirect method 'Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (i.e., 10,000 should be entered as 10),