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	$	55			$	27
Accounts receivable		41				56
Less: Allowance for uncollectible accounts		(3	)			(2	)
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	)
	$	476			$	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		56				58
Less: Treasury stock (at cost)		(11	)			0
	$	476			$	435

DUX COMPANY Income Statement For the Year Ended December 31, 2018 ($ in 000s)
Revenues
Sales revenue	$	270
Dividend revenue		6		$	276
Expenses
Cost of goods sold	$	160
Salaries expense		39
Depreciation expense		10
Bad debt expense		1
Interest expense		8
Loss on sale of building		4
Income tax expense	$	30			252
Net income				$	24

Additional information from the accounting records:

A building that originally cost $48,000, and which was three-fourths depreciated, was sold for $8,000.

The common stock of Byrd Corporation was purchased for $3,000 as a long-term investment.

Property was acquired by issuing a 10%, seven-year, $20,000 note payable to the seller.

New equipment was purchased for $22,000 cash.

On January 1, 2018, bonds were sold at their $25,000 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 $14 per share at that time.

Cash dividends of $11,000 were paid to shareholders.

On November 12, 1,000 shares of common stock were repurchased as treasury stock at a cost of $11,000.

Required information The comparative balance sheets for 2018 and 2017 and the statement of income for 2018 are given below for Dux Company. Additional information from Dux's accounting records is provided also DUX COMPANY Comparative Balance Sheets December 31, 2018 and 2017 (s in e00s) 2018 2017 Assets Cash Accounts receivable $ 55 27 56 41 Less: Allowance for uncollectible accounts Dividends receivable Inventory Long-term investment Land Buildings and equipment 95 27 95 194 90 75 220 Less: Accumulated depreciation (34)_(60) 476 435 Liabilities Accounts payable Salaries payable Interest payable Income tax payable Notes payable Bonds payable $ 76 83 10 7 10 7 20 80 Less: Discount on bonds Shareholders' Equity Common stock Paid-in capital-excess of par Retained earnings 200 20 58 (11) e 476 435 210 24 56 Less: Treasury stock (at cost)