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:

1. A building that originally cost $72,000, and which was three-fourths depreciated, was sold for $12,000.
2. The common stock of Byrd Corporation was purchased for $13,000 as a long-term investment.
3. Property was acquired by issuing a 15%, seven-year, $50,000 note payable to the seller.
4. New equipment was purchased for $23,000 cash.
5. On January 1, 2018, bonds were sold at their $33,000 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 $12 per share at that time.
7. Cash dividends of $35,000 were paid to shareholders.
8. On November 32,000 shares of common stock were repurchased as treasury stock at a cost of $16,000.

2 to De aeauctea snouia pe indicatea with a minus sign, Enter your answers in thousanas. (1.e., 1v,000 snouia pe enter Answer is not complete. DUX COMPANY 12,5 Statement of Cash Flows points For year ended December 31, 2018 ($ in 000s) Cash flows from operating activities: 48 Net income Adjustments for noncash effects: Depreciation expense 21 6 Loss on sale of building 9 Amortization of discount Changes in operating assets and liabilities Decrease in accounts receivable 11 Increase in dividends receivable (3) Increase in inventory (13) Decrease in accounts payable (15) Decrease in salaries payable (4) 3 Increase in interest payable Decrease in income tax payable (1) Net cash flows from operating activities 62 Cash flows from investing activities: 2 Net cash flows from operating activities 62 Cash flows from investing activities: 12 Sale of building 12,5 points Purchase of long-term investment (13) Purchase of equipment (23) Net cash flows from investing activities (24) Cash flows from financing activities: 33 Sale of bonds payable (35) Payment of cash dividends Purchase of treasury stock (16) Net cash flows from financing activities (18) 20 X Net increase in cash Cash balance, Januar 28 $ 48 Cash balance, December 31 Noncash investing and financing activities: 50 Acquired land