The comparative balance sheets for 2016 and 2015 and the statement of income for 2016 are given below for Dux Company. Additional information from Dux's accounting records is provided also.

DUX COMPANY Comparative Balance Sheets December 31, 2016 and 2015 ($ in 000s)
		2016		2015
Assets
Cash	$	59	$	23
Accounts receivable		34		50
Dividends receivable		6		5
Inventory		55		50
Long-term investment		19		16
Land		75		55
Buildings and equipment		266		280
Less: Accumulated depreciation		(62)		(80)
	$	452	$	399
Liabilities
Accounts payable	$	31	$	33
Salaries payable		1		6
Interest payable		8		5
Income tax payable		7		8
Notes payable		20		0
Bonds payable		110		85
Less: Discount on bonds		(3)		(4)
Shareholders' Equity
Common stock		210		200
Paid-in capitalexcess of par		24		20
Retained earnings		51		46
Less: Treasury stock (at cost)		(7)		0
	$	452	$	399

DUX COMPANY Income Statement For Year Ended December 31, 2016 ($ in 000s)
Revenues
Sales revenue	$	230
Dividend revenue		6	$	236
Expenses
Cost of goods sold		135
Salaries expense		31
Depreciation expense		6
Interest expense		8
Loss on sale of building		5
Income tax expense		16		201
Net income			$	35

Additional information from the accounting records:

a.	A building that originally cost $32,000, and which was three-fourths depreciated, was sold for $3,000.
b.	The common stock of Byrd Corporation was purchased for $3,000 as a long-term investment.
c.	Property was acquired by issuing a 12%, seven-year, $20,000 note payable to the seller.
d.	New equipment was purchased for $18,000 cash.
e.	On January 1, 2016, 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 $16,000 were paid to shareholders.
h.	On November 12, 500 shares of common stock were repurchased as treasury stock at a cost of $7,000.

Required:

Prepare the statement of cash flows of Dux Company for the year ended December 31, 2016. Present cash flows from operating activities by the direct method. (Do not round your intermediate calculations. Enter your answers in thousands (i.e., 5,000 should be entered as 5). Amounts to be deducted should be indicated with a minus sign.)