The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Dux Company Additional information from Dux's accounting records is provided also. DUX COMPANY ,COMPARATIVE BALANCE SHEETS DECEMBER 31, 2021 AND 2020($ IN THOUSANDS) ASSETS2021 -- 2020 CASH CASH $ 39.0--$21.0ACCOUNTS RECEIVABLE, $49.0- $51.0LESS: ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS (3.0) -- (2.0) DIVIDENDS RECEIVABLE, 4.0-- 3.0INVENTORY,56.0- 51.0LONG-TERM INVESTMENT16.0-11.0, LAND 71.0-----40.0BUILDINGS AND EQUIPMENT 221.0-251.0LESS: ACCUMULATED DEPRECIATION(26.0) --- (55.0) $427.0-371.0LIABILITIES ACCOUNTS- PAYABLE ACCOUNTS PAYABLE $ 14.0- $ 21.0 SALARIES PAYABLE 3.0- 6.0INTEREST PAYABLE5.0-- 3.0INCOME TAX PAYABLE 8.0- 9.0NOTES PAYABLE 31.0-0BONDS PAYABLE 96.0-70.0LESS:DISCOUNT ON BONDS (2.0) = (3.0) SHAREHOLDERS' EQUITY COMMON STOCK210.0 -------- 200.0 PAID-IN CAPITAL-EXCESS OF PAR 24.0-20.0RETAINED EARNING 46.0--------- 45.0LESS: TREASURY STOCK (8.0)-0427.0---------- 371.0

DUX COMPANY , INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2021 ($ IN THOUSANDS) REVENUES SALES REVENUES$ 215.0DIVIDEND REVENUE 4.0= $219.0EXPENSES COST OF GOODS SOLD- 122SALARIES EXPENSE 27,DEPRECIATION EXPENSE 7,BAD DEBT EXPENSE1.0 INTEREST EXPENSE10.0LOSS ON SALE OF BUIIDING 5.0INCOME TAX EXPENSE 18.0 ------ 199.0NET INCOME$29Additional information from the accounting records: a.A building that originally cost $48,000, and which was three-fourths depreciated, was sold for $7,000. b.The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment. c.Property was acquired by issuing a 13%, seven-year, $31,000 note payable to the seller. d.New equipment was purchased for $18,000 cash. e.On January 1, 2021, bonds were sold at their $26,000 face value. f.On January 19, Dux issued a 5% stock dividend (1,000 shares). The market price of the $10par value common stock was $14 per share at that time. g.Cash dividends of $14,000 were paid to share at that time . h.On November 12, 12,500 shares of common stock were repurchased as treasury stock at a cost of $8,000. Required: Prepare the statement of cash flows for Dux Company for the year ended December 31,2021. Present cash flows from operating activities by the indirect method. (Do not round your intermediate calculations. Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)