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 $ 51 $ 40 Accounts receivable 64 80 Less: Allowance for uncollectible accounts (6 ) (5 ) Dividends receivable 3 2 Inventory 95 90 Long-term investment 53 48 Land 105 80 Buildings and equipment 182 230 Less: Accumulated depreciation (60 ) (100 ) $ 487 $ 465 Liabilities Accounts payable $ 38 $ 66 Salaries payable 4 8 Interest payable 6 5 Income tax payable 11 12 Notes payable 25 0 Bonds payable 90 65 Less: Discount on bonds (4 ) (5 ) Shareholders' Equity Common stock 210 200 Paid-in capitalexcess of par 24 20 Retained earnings 91 94 Less: Treasury stock (at cost) (9 ) 0 $ 487 $ 465

DUX COMPANY Income Statement For the Year Ended December 31, 2018 ($ in 000s)

Revenues Sales revenue $ 360 Dividend revenue 3 $ 363 Expenses Cost of goods sold $ 240 Salaries expense 36 Depreciation expense 8 Bad debt expense 1 Interest expense 9 Loss on sale of building 2 Income tax expense $ 44 340 Net income $ 23 Additional information from the accounting records: A building that originally cost $64,000, and which was three-fourths depreciated, was sold for $14,000. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment. Property was acquired by issuing a 14%, seven-year, $25,000 note payable to the seller. New equipment was purchased for $16,000 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 $9,000.

Required: Prepare the T-accounts for Dux Company