Problem $21-16($Algo$)$ Statement of cash flows; indirect method $[$LO$21-4,21-8]$

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.

Additional information from the accounting records:

a$.$ A building that originally cost $$72,000,$ and which was three$-$fourths depreciated, was sold for $$7,000.$

b$.$ The common stock of Byrd Corporation was purchased for $$5,000$ as a long$-$term investment.

c$.$ Property was acquired by issuing a $13\%,$ seven$-$year, $$34,000$ note payable to the seller.

d$.$ New equipment was purchased for $$27,000$ cash.

e$.$ On January $1,2024,$ bonds were sold at their $$29,000$ 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$ share at that time.

g$.$ Cash dividends of $$17,000$ were paid to shareholders.

h$.$ On November $12,12,500$ 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 $10).$

$\backslash$table$[[$Answer is not complete.$],[$DUX COMPANY$],[$Statement of Cash Flows$],[$For year ended December $31,2024($ $ in $000$s$)],[$Cash flows from operating activities:$],[$Net income$],[$Adjustments for noncash effects:$],[$Depreciation expense,a$,,],[$Loss on sale of building$],[$Changes in operating assets and fiabilities:$],[$Amortization of bond discount,$,,],[$Decrease in accounts receivable,D$,,],[$Increase in allowance for uncollectible accounts,D$,,],[$Increase in dividends receivable,$\backslash$theta $,,],[$Increase in inventory,D$,,],[$Decrease in accounts payable,$,,],[$Decrease in salaries payable,$|,,],[$Increase in interest payable,$,,],[$Decrease in income tax payable$],[$Net cash fows from operating activities,,$$,0],[$Cash flows from investing activities:$],[$Sale of building,D$,,],[$Purchase of long$-$term investment,O$,,],[$Purchase of equipment,$,,],[$Net cash fows from investing activities,,$0,0],[$Cash flows from financing activities:$],[$Sale of bonds payable,,,$],[$Payment of dividends,,,$],[$Purchase of treasury stock$],[$Net cash fows from financing activities,,,$0],[$Net increase in cash$],[$Cash balance, January $1],[$Cash balance, December $31,,$$$,0],[$Noncash investing and financing activities:$],[$Acquired land by issuing note,,,$]]$