The comparative balance sheet for 2024 and 2023 and the statement of income for 2024 or given below for Dux Company. additional information from Dux's accounting records is also provided.

DUX COMPANY Comparative Balance Sheets December 31,2024 and 2023 (\$ in thousands) 2024 Assets Cash Accounts receivable Less: Allowance for uncollectible accounts Dividends receivable Inventory Long-term investment Land Buildings and equipment Less: Accumulated depreciation Liabilities Accounts payable Salaries payable Interest payable Income tax payable Notes payable Bonds payable Less: Discount on bonds Shareholders' Equity Common stock Paid-in capital-excess of par Retained earnings Less: Treasury stock DUX COMPANY Income statement Additional information from the accounting records: a. A building that originally cost $104,000, and which was three-fourths depreciated, was sold for $7,000. b. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment. c. Property was acquired by issuing a 13%, seven-year, $38,000 note payable to the seller. d. New equipment was purchased for $39,000 cash. e. On January 1, 2024, bonds were sold at their $33,000 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. 9. Cash dividends of $21,000 were paid to shareholders. h. On November 12,12,500 shares of common stock were repurchased as treasury stock at a cost of $8,000. Required: Prepare the statement of cash flows for Dux Company using the indirect method Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (i.e.. 10,000 should be entered as 10). Answer is not complete. DUX COMPANY Statement of Cash Flows For year ended December 31, 2024 (\$ in 000s) Cash flows from operating activities: Net income Adjustments for noncash effects: \begin{tabular}{|l|} \hline Depreciation expense \\ \hline Loss on sale of building \\ \hline \end{tabular} Changes in operating assets and liabilities: \begin{tabular}{|l|c|c|c|} \hline Increase in interest payable \\ \hline Increase in dividends receivable & & \\ \hline Increase in inventory & & \\ \hline Decrease in accounts payable & (1) & \\ \hline Decrease in salaries payable & & (5) & \\ \hline Decrease in income tax payable & (7) & \\ \hline & & (3) & \\ \hline & & & \\ \hline Net cash flows from operating activities & & \\ \hline Cash flows from investing activities: & & \\ \hline \end{tabular}