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) 2021 2020 Assets Cash $ 99.0 $ 31.0 Accounts receivable 59.0 61.0 Less: Allowance for uncollectible accounts (4.0) (3.0) Dividends receivable 14.0 13.0 Inventory 66.0 61.0 Long-term investment 26.0 21.0 Land 81.0 40.0 Buildings and equipment 181.0 261.0 Less Accumulated depreciation (10.0) (105.0) $512.0 $ 380.0 Liabilities Accounts payable $24.0 $ 31.0 Salarios payable 13.0 16.0 Interest payable 15.0 13.0 Income tax payable 18.0 19.0 Notes payable 41.0 0 Honds payable 96.0 60.0 Less Discount on bonds (2.0) (3.0) Shareholders' Equity Common stock 210.0 200.0 Paid-in capital excess of par 24.0 20.0 Retained earnings 81.0 24.0 Less Treasury stock (8.0) 0 $512.0 $ 380.0 Check my wc DUX COMPANY Income Statement Por the Year Ended December 31, 2021 (s in thounanda) Revenues Sales revenue $365.0 Dividend revenue 14.0 $379.0 Expenses Cost of goods sold 142.0 salaries expensie 47.0 Depreciation expense 1.0 Bad debt expense 1.0 Interest expense 30.0 Loss on sale of building 25.0 Income tax expense 38.0 284.0 Net income $ 95.0 Additional Information from the accounting records: a. A building that originally cost $128,000, and which was three-fourths deprecated, was sold for $2000 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. $41,000 note payable to the seller. d. New equipment was purchased for $48,000 cash. e. On January 1, 2021, bonds were sold at their $36,000 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 $4 per 9. Cash dividends of $24,000 were pold to shareholders h on November 12. 12,500 shares of common stock were repurchased as treasury stock at a cost of $8.000 share at that time. Required: Prepare the statement of cash flows for Dux Company using the Indirect method (Amounts to be deducted should be indicated with 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 (1.e., 10,000 should be entered as 10).) DUX COMPANY Statement of Cash Flows For year ended December 31, 2021 (Sin 000) Cash flows from operating activities: Net income Adjustments for noncash effects: Changes in operating assets and abilities: $ 0 Nor cash flows from operating activities Cash flows from investing activities: Check my work Net cash flows from operating activities Cash flows from investing activities: $ 0 Net cash flows from investing activities Cash flows from financing activities: 0 Net cash flows from financing activities Net increase in cash Cash balance, January 1 Cash balance, December 31 Noncash investing and financing activities: $ 0