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The comparative balance sheets for 2024 and 2023 and the statement of income for 2024 are given below for Dux Company. Additional information from Duxs accounting records is provided also.

1. A building that originally cost $40,000, and which was three-fourths depreciated, was sold for $7,000.
2. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment.
3. Property was acquired by issuing a 13%, seven-year, $38,000 note payable to the seller.
4. New equipment was purchased for $15,000 cash.
5. On January 1, 2024, bonds were sold at their $57,000 face value.
6. On January 19, Dux issued a stock dividend (1,000 shares). The market price of the $10 par value common stock was $18 per share at that time.
7. Cash dividends of $25,000 were paid to shareholders.
8. On November 12, 900 shares of common stock were repurchased as treasury stock at a cost of $8,000.

Additional information from the accounting records: \\begin{tabular}{|l|l|l|} \\hline & & \\\\ \\hline Net cash flows from financing activities & & \\\\ \\hline \\multicolumn{1}{|c|}{ Net increase in cash } & & \\\\ \\hline Cash balance, January 1 & & \\( \\$ \\) \\\\ \\hline Cash balance, December 31 & & \\\\ \\hline Noncash investing and financing activities: & & \\\\ \\hline & & \\\\ \\hline \\end{tabular}