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

DUX COMPANY
Comparative Balance Sheets
December 31, 2024 and 2023
($ in thousands)
	2024	2023
Assets
Cash	$ 117.0	$ 34.0
Accounts receivable	62.0	64.0
Less: Allowance for uncollectible accounts	(3.0)	(2.0)
Dividends receivable	17.0	16.0
Inventory	69.0	64.0
Long-term investment	29.0	24.0
Land	84.0	40.0
Buildings and equipment	169.0	264.0
Less: Accumulated depreciation	(7.0)	(120.0)
	$ 537.0	$ 384.0
Liabilities
Accounts payable	$ 27.0	$ 34.0
Salaries payable	16.0	19.0
Interest payable	18.0	16.0
Income tax payable	21.0	22.0
Notes payable	44.0	0
Bonds payable	93.0	54.0
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	94.0	22.0
Less: Treasury stock	(8.0)	0
	$ 537.0	$ 384.0

DUX COMPANY
Income Statement
For the Year Ended December 31, 2024
($ in thousands)
Revenues
Sales revenue	$ 410.0
Dividend revenue	17.0	$ 427.0
Expenses
Cost of goods sold	148.0
Salaries expense	53.0
Depreciation expense	1.0
Bad debt expense	1.0
Interest expense	36.0
Loss on sale of building	31.0
Income tax expense	44.0	314.0
Net income		$ 113.0

Additional information from the accounting records:

1. A building that originally cost $152,000, 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, $44,000 note payable to the seller.
4. New equipment was purchased for $57,000 cash.
5. On January 1, 2024, bonds were sold at their $39,000 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 $27,000 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.

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).

For year ended December 31, 2024 (\$ in 000s) Cash flows from operating activities: Net income Adjustments for noncash effects: Depreciation expense Amortization of bond discount Loss on sale of building Changes in operating assets and liabilities: Net cash fiows from operating activities Cash flows from investing activities: Net cash flows from investing activities Cash flows from financing activities: Net cash fiows from financing activities Net increase in cash Cash balance, January 1 Cash balance, December 31 Noncash investing and financing activities