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.

Additional information from the accounting records:

1. A building that originally cost $52,000, and which was three-fourths depreciated, was sold for $6,000.
2. The common stock of Byrd Corporation was purchased for $2,000 as a long-term investment.
3. Property was acquired by issuing a 11%, seven-year, $25,000 note payable to the seller.
4. New equipment was purchased for $23,000 cash.
5. On January 1, 2018, bonds were sold at their $25,000 face value.
6. 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.
7. Cash dividends of $12,000 were paid to shareholders.
8. On November 12, 1,000 shares of common stock were repurchased as treasury stock at a cost of $12,000.

Required:

Prepare the statement of cash flows for Dux Company. Use the T-account method to assist in your analysis. (Do not round your intermediate calculations. Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)

(S in 000s) 2018 2017 Assets $ 28 Cash 36 Accounts receivable 47 58 Less: Allowance for uncollectible accounts (4) (3) Dividends receivable Inventory Long-term investment 40 35 28 26 105 Land 80 Buildings and equipment Less: Accumulated depreciation 201 230 (35) (70) $ 425 $ 390 Liabilities Accounts payable Salaries payable Interest payable Income tax payable Notes payable Bonds payable Less: Discount on bonds 26 39 4 8. 25 85 60 (3) (4) Shareholders' Equity Common stock 210 200 Paid-in capital-excess of par Retained earnings Less: Treasury stock (at cost) 24 20 56 61 (12) $ 425 $ 390 DUX COMPANY Income Statement For the Year Ended December 31, 2018 ($ in 000s) Revenues $ 280 7 $ 287 Sales revenue Dividend revenue Expenses Cost of goods sold Salaries expense Depreciation expense $ 165 41 Bad debt expense Interest expense 8. Loss on sale of building Income tax expense $ 39 265 $ 22 Net income Cash infious: Cash outfous: Noncash investing and financing activities