The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Dux Company. Additional information from Duxs accounting records is provided also.

DUX COMPANY Comparative Balance Sheets December 31, 2021 and 2020 ($ in thousands)
	2021				2020
Assets
Cash	$	123.0			$	35.0
Accounts receivable		63.0				65.0
Less: Allowance for uncollectible accounts		(4.0	)			(3.0	)
Dividends receivable		18.0				17.0
Inventory		70.0				65.0
Long-term investment		30.0				25.0
Land		85.0				40.0
Buildings and equipment		165.0				265.0
Less: Accumulated depreciation		(8.0	)			(125.0	)
	$	542.0			$	384.0
Liabilities
Accounts payable	$	28.0			$	35.0
Salaries payable		17.0				20.0
Interest payable		19.0				17.0
Income tax payable		22.0				23.0
Notes payable		45.0				0
Bonds payable		92.0				52.0
Less: Discount on bonds		(2.0	)			(3.0	)
Shareholders' Equity
Common stock		210.0				200.0
Paid-in capitalexcess of par		24.0				20.0
Retained earnings		95.0				20.0
Less: Treasury stock		(8.0	)			0
	$	542.0			$	384.0

DUX COMPANY Income Statement For the Year Ended December 31, 2021 ($ in thousands)
Revenues
Sales revenue	$	425.0
Dividend revenue		18.0		$	443.0
Expenses
Cost of goods sold		150.0
Salaries expense		55.0
Depreciation expense		3.0
Bad debt expense		1.0
Interest expense		38.0
Loss on sale of building		33.0
Income tax expense		46.0			326.0
Net income				$	117.0

Additional information from the accounting records:

1. A building that originally cost $160,000, and which was three-fourths depreciated, was sold for $7,000.
2. The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment.
3. Property was acquired by issuing a 13%, seven-year, $45,000 note payable to the seller.
4. New equipment was purchased for $60,000 cash.
5. On January 1, 2021, bonds were sold at their $40,000 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 $28,000 were paid to shareholders.
8. 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 using the indirect method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (i.e., 10,000 should be entered as 10).)