The comparative balance sheets for 2024 and 2023 and the statement of income for 2024 are given below for Dux Company. Additional information from Dux's accounting records is provided also.

DUX COMPANYComparative Balance SheetsDecember 31, 2024 and 2023($ in thousands) 20242023Assets Cash$ 102$ 48Accounts receivable5367Less: Allowance for uncollectible accounts(3)(2)Dividends receivable54Inventory9085Long-term investment5246Land9575Buildings and equipment202220Less: Accumulated depreciation(52)(90) $ 544$ 453Liabilities Accounts payable$ 37$ 64Salaries payable27Interest payable104Income tax payable1011Notes payable200Bonds payable8560Less: Discount on bonds(3)(4)Shareholders' Equity Common stock210200Paid-in capitalexcess of par2420Retained earnings15791Less: Treasury stock(8)0 $ 544$ 453DUX COMPANYIncome StatementFor the Year Ended December 31, 2024($ in thousands)Revenues Sales revenue$ 380 Dividend revenue5$ 385Expenses Cost of goods sold210 Salaries expense34 Depreciation expense7 Bad debt expense1 Interest expense8 Loss on sale of building2 Income tax expense29291Net income $ 94

Additional information from the accounting records:

1. A building that originally cost $60,000, and which was three-fourths depreciated, was sold for $13,000.
2. The common stock of Byrd Corporation was purchased for $6,000 as a long-term investment.
3. Property was acquired by issuing a 13%, seven-year, $20,000 note payable to the seller.
4. New equipment was purchased for $42,000 cash.
5. On January 1, 2024, bonds were sold at their $25,000 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 $14,000 were paid to shareholders.
8. On November 12, 1,000 shares of common stock were repurchased as treasury stock at a cost of $8,000.

Required:

Prepare the statement of cash flows of Dux Company for the year ended December 31, 2024. Present cash flows from operating activities by the direct method.

Note: Do not round your intermediate calculations. Enter your answers in thousands (i.e., 10,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.