Problem 21-4 Statement of cash flows; direct method [LO21-3, 21-8 The comparative balance sheets for 2018 and 2017 and the statement of income for 2018 are given below for Dux Company Additional information from Dux's accounting records is provided also points Comparative Balance Sheets Decesber 31, 2018 and 2017 (5 in 000s) 33 $ 20 (4) (3 15 Se Accounts receivable Less: Alowance for uncollectible accounts Dividends recelvable Long-tere Investeent Buildings and equipment Less: Accumulated depreciatlon 420 5 69 Liabilities Accounts payable Salaries payable Interest payable Income tax payable Notes payable Bonds payable %13 $20 1 200 Pald-in capital excess of par ined earnings Less: Treasury stock (at cost) 420 3 369 Prey 1 of2 lI Next > E Apps M Inbox (6)- alexisma.. H Nelix D Starion Bank ] Home M canvas the Year Ended December 31, 2018 5 200 35 20 Dividend ree Cost of goods sold 129 Ead debt expense Loss on sale of tilding 16 18 Additional anformation from the accounting records a A building that originelly cost $40000, and which was three fourhs deprecieted, was sold for $7000 b The common stock of Byrd Corporation was purchased for $5.000 as a long-term investment cProperty was acquired by issuing a 13% seven-year, $30 000 note payable to the seller d New equipment was purchased for $15,000 cash On January 1, 2018, bonds were sold at thei $25.000 face value tOr, Jernery t, Dunsued a 5% stock dividend (1000 shares) The marketprice cree so par value common stock was $14 per g Cash dividends of $13,000 were paid to shareholiders h On November 12.S00 shares of common stock were repurchased as treesury stock at a cost of $8.000 Required Prepare the statement of cash flows of Dux Company for the year ended December 31, 2018 Present cash flows from operating activities by the drect method (Do not round your intermediate calculations. Enter your answers n thousands. e.. soooo should be entered as 10) Amounts to be deducted should be indicated with a minus sign)