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Problem 2 1 - 1 6 ( Algo ) Statement of cash flows; Indirect method [ L 0 2 1 - 4 , 2 1
Problem Algo Statement of cash flows; Indirect method L
The comparative balance sheets for and and the statement of Income for are glven below for Dux Company.
Additlonal information from Dux's accounting records is provided also.
Additional information from the accounting recoral:
a A bullding that originally cost $ and which was threefourths depreclated, was sold for $
b The common stock of Byrd Corporation was purchased for $ as a longterm Investment.
c Property was acquired by Issuing a sevenyear, $ note payable to the seller.
d New equipment was purchased for $cash.
e On January bonds were sold at thelr $ face value.
f On January Dux lssued a stock dividend shares The market prlce of the $ par value common stock was $ per
share at that time.
g Cash dividends of $ were pald to shareholders.
h On November shares of common stock were repurchased as treasury stock at a cost of $
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 e should be
entered as
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