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 Dux's accounting records is provided also DUX COMPANY Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s) 2018 2017 Assets Cash $ 60 $ 39 78 Accounts receivable Less: Allowance for uncollectible accounts Dividends receivable 90 85 Inventory Long-term investment 52 46 Land 95 75 220 Buildings and equipment Less: Accumulated depreciation(52) 175 (90) $ 475 453 Liabilities $37 64 Accounts payable Salaries payable Interest payable Income tax payable Notes payable Bonds payable Less: Discount on bonds 10 10 20 85 60 Shareholders' Equity 210 24 200 20 Common stock Paid-in capital-excess of par Retained earnings Less: Treasury stock (at cost) 87 91 (8) 0 $ 475 453 DUX COMPANY Income Statement For the Year Ended December 31, 2018 (s in 000s) Revenues $350 5 $355 Sales revenue Dividend revenue Expenses Cost of goods sold $235 Salaries expense Depreciation 34 expense Bad debt expense Interest expense Loss on sale of 2 building Income tax expense 43 330 $ 25 Net income Additional information from the accounting records: a. A building that originally cost $60,000, and which was three-fourths depreciated, was sold for $13,000 b. The common stock of Byrd Corporation was purchased for $6,000 as a long-term investment. C. Property was acquired by issuing a 13%, seven-year, $20,000 note payable to the seller. d. New equipment was purchased for $15,000 cash. e. On January 1, 2018, 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 $8,000. 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.) DUX COMPANY Statement of Cash Flows For year ended December 31, 2018 $ in 000s) ash flows from operating activities Cash inflows From customers Cash outflows To suppliers of goods To employees For interest For income taxes Net cash flows from operating activities 0 ash flows from investing activities Sale of buildin Purchase of long-term investment Purchase of equipment Net cash flows from investing activities 0 ash flows from financing activities Sale of bonds payable Pavment of cash dividends Payment of cash dividends 0 Net increase in cash ash balance, January 1 0 Cash balance, December 31 Noncash investing and financing activities