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The comparatlve balance sheets for 2 0 2 4 and 2 0 2 3 and the statement of Income for 2 0 2 4 are
The comparatlve balance sheets for and and the statement of Income for are given below for Dux Company. Additional information from the accounting records:
a A bullding that originally cost $ and which was threefourths depreclated, was sold for $
b The common stock of Byrd Corporation was purchased for $ as a longterm Investment.
c Property was acquired by Issulng a sevenyear, $ note payable to the seller.
d New equipment was purchased for $ cash.
e On January bonds were sold at thelr $ face value.
f On January Dux Issued a stock dividend shares The market price of the $ par value common stock was $ per
share at that time.
g Cash dividends of $ were paid to shareholders.
h On November shares of common stock were repurchased as treasury stock at a cost of $
Required:
Prepare the statement of cash flows of Dux Company for the year ended December Present cash flows from operating
actlvitles by the direct method.
Note: Do not round your Intermedlate calculatlons. Enter your answers In thousands Ie should be entered as
Amounts to be deducted should be Indlcated with a minus sign.
Additional Information from Dux's accounting records is provided also.
Additional information from the accounting records:
a A bullding that originally cost $ and which was threefourths depreciated, was sold for $
b The common stock of Byrd Corporation was purchased for $ as a longterm Investment.
c Property was acquired by issulng a sevenyear, $ note payable to the seller.
d New equipment was purchased for $ cash.
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