The comparative balance sheets for 2013 and 2012 and the statement of income for 2013 are given below for Dux Company. Additional information from Dux's accounting records is provided also.

DUX COMPANY Comparative Balance Sheets December 31, 2013 and 2012 ($ in 000s)
		2013		2012
Assets
Cash	$	71	$	27
Accounts receivable		38		54
Dividends receivable		6		5
Inventory		95		90
Long-term investment		27		24
Land		95		75
Buildings and equipment		194		220
Less: Accumulated depreciation		(34)		(60)
	$	492	$	435
Liabilities
Accounts payable	$	76	$	83
Salaries payable		7		10
Interest payable		10		5
Income tax payable		5		7
Notes payable		20		0
Bonds payable		80		55
Less: Discount on bonds		(2)		(3)
Shareholders' Equity
Common stock		210		200
Paid-in capitalexcess of par		24		20
Retained earnings		73		58
Less: Treasury stock (at cost)		(11)		0
	$	492	$	435

DUX COMPANY Income Statement For Year Ended December 31, 2013 ($ in 000s)
Revenues
Sales revenue	$	270
Dividend revenue		6	$	276
Expenses
Cost of goods sold		155
Salaries expense		39
Depreciation expense		10
Interest expense		8
Loss on sale of building		4
Income tax expense		20		236
Net income			$	40

Additional information from the accounting records:

a.	A building that originally cost $48,000, and which was three-fourths depreciated, was sold for $8,000.
b.	The common stock of Byrd Corporation was purchased for $3,000 as a long-term investment.
c.	Property was acquired by issuing a 10%, seven-year, $20,000 note payable to the seller.
d.	New equipment was purchased for $22,000 cash.
e.	On January 1, 2013, 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 $11,000 were paid to shareholders.
h.	On November 12, 1,000 shares of common stock were repurchased as treasury stock at a cost of $11,000.

Required:

Prepare the statement of cash flows of Dux Company for the year ended December 31, 2013. Present cash flows from operating activities by the direct method. (You may omit the schedule to reconcile net income to cash flows from operating activities.) (Do not round your intermediate calculations. Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)