Problem 21-4 (Algo) Statement of cash flows; direct method [LO21-3, 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 $48,000, and which was three-fourths depreciated, was sold for $9,000. b. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment. c. Property was acquired by issuing a 12%, seven-year, $30,000 note payable to the seller. d. New equipment was purchased for $39,000 cash. e. On January 1,2024 , 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 $14,000 were paid to shareholders. h. On November 12,1,000 shares of common stock were repurchased as treasury stock at a cost of $10,000. Required: Prepare the statement of cash flows of Dux Combanv for the vear ended December 31.2024 . Present cash flows from oberatina DUX COMPANY Statement of Cash Flows For the year ended December 31, 2024 ( $ in thousands) Cash flows from operating activities: Cash inflows: From customers $3 Cash outflows: To employees To suppliers of goods For income taxes For interest Net cash flows from operating activities $ 83 Cash flows from investing activities: Purchase of equipment Sale of building 9 Purchase of long-term investment