Required information

The comparative balance sheets for 2018 and 2017 and the statement of income for 2018 are given below for Dux Company. Additional information from Duxs accounting records is provided also.

DUX COMPANY Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s)
	2018				2017
Assets
Cash	$	36			$	26
Accounts receivable		53				57
Less: Allowance for uncollectible accounts		(5	)			(4	)
Dividends receivable		5				4
Inventory		85				80
Long-term investment		26				22
Land		100				70
Buildings and equipment		187				210
Less: Accumulated depreciation		(26	)			(50	)
	$	461			$	415
Liabilities
Accounts payable	$	62			$	73
Salaries payable		5				9
Interest payable		8				4
Income tax payable		4				6
Notes payable		30				0
Bonds payable		75				50
Less: Discount on bonds		(1	)			(2	)
Shareholders' Equity
Common stock		210				200
Paid-in capitalexcess of par		24				20
Retained earnings		53				55
Less: Treasury stock (at cost)		(10	)			0
	$	461			$	415

DUX COMPANY Income Statement For the Year Ended December 31, 2018 ($ in 000s)
Revenues
Sales revenue	$	260
Dividend revenue		5		$	265
Expenses
Cost of goods sold	$	150
Salaries expense		37
Depreciation expense		9
Bad debt expense		1
Interest expense		8
Loss on sale of building		4
Income tax expense	$	29			238
Net income				$	27

Additional information from the accounting records:

1. A building that originally cost $44,000, and which was three-fourths depreciated, was sold for $7,000.
2. The common stock of Byrd Corporation was purchased for $4,000 as a long-term investment.
3. Property was acquired by issuing a 15%, seven-year, $30,000 note payable to the seller.
4. New equipment was purchased for $21,000 cash.
5. On January 1, 2018, bonds were sold at their $25,000 face value.
6. 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.
7. Cash dividends of $14,000 were paid to shareholders.
8. On November 12, 1,000 shares of common stock were repurchased as treasury stock at a cost of $10,000.

Required: Prepare the T-accounts for Dux Company. (Do not round your intermediate calculations. Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)

Prepare the statement of cash flows for Dux Company. Use the T-account method to assist in your analysis. (Do not round your intermediate calculations. Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)