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	$	62	$	35
Accounts receivable		57		62
Dividends receivable		5		4
Inventory		75		70
Long-term investment		45		40
Land		90		60
Buildings and equipment		291		300
Less: Accumulated depreciation		(62)		(90)
	$	563	$	481
Liabilities
Accounts payable	$	41	$	73
Salaries payable		2		4
Interest payable		9		5
Income tax payable		5		8
Notes payable		30		0
Bonds payable		120		95
Less: Discount on bonds		(5)		(6)
Shareholders' Equity
Common stock		210		200
Paid-in capitalexcess of par		24		20
Retained earnings		137		82
Less: Treasury stock (at cost)		(10)		0
	$	563	$	481

DUX COMPANY Income Statement For Year Ended December 31, 2016 ($ in 000s)
Revenues
Sales revenue	$	350
Dividend revenue		5	$	355
Expenses
Cost of goods sold		195
Salaries expense		28
Depreciation expense		8
Interest expense		10
Loss on sale of building		3
Income tax expense		28		272
Net income			$	83

Additional information from the accounting records:

a.	A building that originally cost $48,000, and which was three-fourths depreciated, was sold for $9,000.
b.	The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment.
c.	Property was acquired by issuing a (expression error)%, seven-year, $30,000 note payable to the seller.
d.	New equipment was purchased for $39,000 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 $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 $10,000.

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.)