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The comparative balance sheets for 2 0 2 4 and 2 0 2 3 and the statement of income for 2 0 2 4 are
The comparative balance sheets for and and the statement of income for are glven below for Dux Company.
Additional information from Dux's accounting records is provided also.
Aclitional information from the accounting records:
a A bullding that originally cost $ and which was threefourths depreciated, was sold for $
b The common stock of Byrd Corporatlon was purchased for $ as a longterm Investment.
c Property was acquired by Issulng a sevenyear, $ note payable to the seller.
d New equipment was purchased for $ cash.
e On January bonds were sold at thelr $ face value.
f On January Dux issued a stock dividend shares The market price of the $ par value common stock was $ per
share at that time.
g Cash dividends of $ were pald to shareholders.
h On November shares of common stock were repurchased as treasury stock at a cost of $
Required:
Prepare the statement of cash flows of Dux Company for the year ended December Present cash flows from operating
activitles by the direct method.
Note: Do not round your intermedlate calculations. Enter your answers in thousands e should be entered as
Amounts to be deducted should be indicated with a minus sign.
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