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	$	332			$	232
Accounts receivable		70				72
Less: Allowance for uncollectible accounts		(4	)			(3	)
Dividends receivable		25				13
Inventory		88				72
Long-term investment		70				65
Land		147				95
Buildings and equipment		457				481
Less: Accumulated depreciation		(80	)			(94	)
	$	1,105			$	933
Liabilities
Accounts payable	$	35			$	42
Salaries payable		13				16
Interest payable		15				13
Income tax payable		18				19
Notes payable		52				0
Bonds payable		403				290
Less: Discount on bonds		(13	)			(14	)
Shareholders' Equity
Common stock		320				310
Paid-in capitalexcess of par		90				75
Retained earnings		180				182
Less: Treasury stock		(8	)			0
	$	1,105			$	933

DUX COMPANY Income Statement For the Year Ended December 31, 2021 ($ in thousands)
Revenues
Sales revenue	$	420
Dividend revenue		25		$	445
Expenses
Cost of goods sold	$	252
Salaries expense		36
Depreciation expense		16
Bad debt expense		1
Interest expense		30
Loss on sale of building		2
Income tax expense	$	38			375
Net income				$	70

Additional information from the accounting records:

1. A building that originally cost $40,000, and which was three-fourths depreciated, was sold for $8,000.
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, $52,000 note payable to the seller.
4. New equipment was purchased for $16,000 cash.
5. On January 1, 2021, bonds were sold at their $113,000 face value.
6. On January 19, Dux issued a stock dividend (1,000 shares). The market price of the $10 par value common stock was $25 per share at that time.
7. Cash dividends of $47,000 were paid to shareholders.
8. On November 12, 1,600 shares of common stock were repurchased as treasury stock at a cost of $8,000.

Required: Prepare the T-account for Dux Company. (Enter your answers in thousands. (i.e., 10,000 should be entered as 10).)