The comparative balance sheets for 2018 and 2017 and the statement of income for 2018 are given below for Dux Company Additional information from Duxs accounting records is provided also DUX COMPANY Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s) 2018 2017 Assets Cash $ 49 $ 28 Accounts receivable 52 63 Less Allowance for uncollectible accounts (4 ) (3 ) Dividends receivable 6 3 Inventory 71 58 Long term investment 31 18 Land 110 60 Buildings and equipment 217 266 Less Accumulated depreciation (33 ) (66 ) $ 499 $ 427 Liabilities Accounts payable $ 21 $ 36 Salaries payable 6 10 Interest payable 8 5 Income tax payable 15 16 Notes payable 50 0 Bonds payable 111 78 Less Discount on bonds (10 ) (19 ) Shareholders' Equity Common stock 218 208 Paid in capitalexcess of par 30 28 Retained earnings 66 65 Less Treasury stock (16 ) 0 $ 499 $ 427 DUX COMPANY Income Statement For Year Ended December 31, 2018 ($ in 000s) Revenues Sales revenue $ 270 Dividend revenue 8 $ 278 Expenses Cost of goods sold 128 Salaries expense 33 Depreciation expense 21 Bad debt expense 1 Interest expense 16 Loss on sale of building 6 Income tax expense 25 230 Net income $ 48 Additional information from the accounting records A building that originally cost $72,000, and which was three fourths depreciated, was sold for $12,000 The common stock of Byrd Corporation was purchased for $13,000 as a long term investment Property was acquired by issuing a 15 , seven year, $50,000 note payable to the seller New equipment was purchased for $23,000 cash On January 1, 2018, bonds were sold at their $33,000 face value On January 19, Dux issued a 5 stock dividend (1,000 shares) The market price of the $10 par value common stock was $12 per share at that time Cash dividends of $35,000 were paid to shareholders On November 32,000 shares of common stock were repurchased as treasury stock at a cost of $16,000 Required Prepare the statement of cash flows for Dux Company using the indirect method (Do not round intermediate calculations 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) ))

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The comparative balance sheets for 2018 and 2017 and the statement of income for 2018 are given below for Dux Company. Additional information from Duxs

The comparative balance sheets for 2018 and 2017 and the statement of income for 2018 are given below for Dux Company. Additional information from Duxs accounting records is provided also.

DUX COMPANY Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s)
	2018			2017
Assets
Cash	$	49		$	28
Accounts receivable		52			63
Less: Allowance for uncollectible accounts		(4	)		(3	)
Dividends receivable		6			3
Inventory		71			58
Long-term investment		31			18
Land		110			60
Buildings and equipment		217			266
Less: Accumulated depreciation		(33	)		(66	)
	$	499		$	427
Liabilities
Accounts payable	$	21		$	36
Salaries payable		6			10
Interest payable		8			5
Income tax payable		15			16
Notes payable		50			0
Bonds payable		111			78
Less: Discount on bonds		(10	)		(19	)
Shareholders' Equity
Common stock		218			208
Paid-in capitalexcess of par		30			28
Retained earnings		66			65
Less: Treasury stock		(16	)		0
	$	499		$	427

DUX COMPANY Income Statement For Year Ended December 31, 2018 ($ in 000s)
Revenues
Sales revenue	$	270
Dividend revenue		8	$	278
Expenses
Cost of goods sold		128
Salaries expense		33
Depreciation expense		21
Bad debt expense		1
Interest expense		16
Loss on sale of building		6
Income tax expense		25		230
Net income			$	48

Additional information from the accounting records:

A building that originally cost $72,000, and which was three-fourths depreciated, was sold for $12,000.

The common stock of Byrd Corporation was purchased for $13,000 as a long-term investment.

Property was acquired by issuing a 15%, seven-year, $50,000 note payable to the seller.

New equipment was purchased for $23,000 cash.

On January 1, 2018, bonds were sold at their $33,000 face value.

On January 19, Dux issued a 5% stock dividend (1,000 shares). The market price of the $10 par value common stock was $12 per share at that time.

Cash dividends of $35,000 were paid to shareholders.

On November 32,000 shares of common stock were repurchased as treasury stock at a cost of $16,000.

Required: Prepare the statement of cash flows for Dux Company using the indirect method. (Do not round intermediate calculations. 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).))