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 COMPANY Comparative Balance Sheets December 31, 2024 and 2023 ($ in thousands) 2024 2023 Assets Cash $ 111 0 $ 33 0 Accounts receivable 61 0 63 0 Less Allowance for uncollectible accounts (6 0) (5 0) Dividends receivable 16 0 15 0 Inventory 68 0 63 0 Long term investment 28 0 23 0 Land 83 0 40 0 Buildings and equipment 173 0 263 0 Less Accumulated depreciation (9 0) (115 0) $ 525 0 $ 380 0 Liabilities Accounts payable $ 26 0 $ 33 0 Salaries payable 15 0 18 0 Interest payable 17 0 15 0 Income tax payable 20 0 21 0 Notes payable 43 0 0 Bonds payable 94 0 56 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 86 0 20 0 Less Treasury stock (8 0) 0 $ 525 0 $ 380 0 DUX COMPANY Income Statement For the Year Ended December 31, 2024 ($ in thousands) Revenues Sales revenue $ 395 0 Dividend revenue 16 0 $ 411 0 Expenses Cost of goods sold 146 0 Salaries expense 51 0 Depreciation expense 2 0 Bad debt expense 1 0 Interest expense 34 0 Loss on sale of building 29 0 Income tax expense 42 0 305 0 Net income $ 106 0 Additional information from the accounting records A building that originally cost $144,000, and which was three fourths depreciated, was sold for $7,000 The common stock of Byrd Corporation was purchased for $5,000 as a long term investment Property was acquired by issuing a 13 , seven year, $43,000 note payable to the seller New equipment was purchased for $54,000 cash On January 1, 2024, bonds were sold at their $38,000 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 $14 per share at that time Cash dividends of $26,000 were paid to shareholders 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 Note 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)

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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

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 COMPANY
Comparative Balance Sheets
December 31, 2024 and 2023
($ in thousands)
	2024	2023
Assets
Cash	$ 111.0	$ 33.0
Accounts receivable	61.0	63.0
Less: Allowance for uncollectible accounts	(6.0)	(5.0)
Dividends receivable	16.0	15.0
Inventory	68.0	63.0
Long-term investment	28.0	23.0
Land	83.0	40.0
Buildings and equipment	173.0	263.0
Less: Accumulated depreciation	(9.0)	(115.0)
	$ 525.0	$ 380.0
Liabilities
Accounts payable	$ 26.0	$ 33.0
Salaries payable	15.0	18.0
Interest payable	17.0	15.0
Income tax payable	20.0	21.0
Notes payable	43.0	0
Bonds payable	94.0	56.0
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	86.0	20.0
Less: Treasury stock	(8.0)	0
	$ 525.0	$ 380.0

DUX COMPANY
Income Statement
For the Year Ended December 31, 2024
($ in thousands)
Revenues
Sales revenue	$ 395.0
Dividend revenue	16.0	$ 411.0
Expenses
Cost of goods sold	146.0
Salaries expense	51.0
Depreciation expense	2.0
Bad debt expense	1.0
Interest expense	34.0
Loss on sale of building	29.0
Income tax expense	42.0	305.0
Net income		$ 106.0

Additional information from the accounting records:

A building that originally cost $144,000, and which was three-fourths depreciated, was sold for $7,000.
The common stock of Byrd Corporation was purchased for $5,000 as a long-term investment.
Property was acquired by issuing a 13%, seven-year, $43,000 note payable to the seller.
New equipment was purchased for $54,000 cash.
On January 1, 2024, bonds were sold at their $38,000 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 $14 per share at that time.
Cash dividends of $26,000 were paid to shareholders.
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 theindirect method.

Note: 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).