Question: 2 1 4 i 1 Problem 2 1 - 4 ( Static ) Statement of cash flows; direct method [ LO 2 1 - 3

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Problem 21-4(Static) Statement of cash flows; direct method [LO21-3,21-8]
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.
\table[[DUX COMPANY Comparative Balance Sheets December 31,2024 and 2023(s in thousands),2.024,2823],[Assets],[Cash,533,$ 20],[Accounts receivable,48,50],[Less: Allowance for uncollectible accounts,(4),(3)],[Dividends receivable,3,2],[Inventory,55,50],[Long-terim investment,15,10],[Land,70,40],[Buildings and equipment,225,250],[Less: Accunulated depreciation,(25),(50)],[,5420,$ 369],[Liabilities,,],[Accounts payable,513,$ 20],[Salaries payable,\table[[2],[4]],\table[[5],[2]]],[Interest payable,7,8],[Income tax payable,30,0],[Notes payable,95,79],[Bonds payable,,(3)],[Less: Discount on bonds,(2),],[Shareholders" Equity,210,200],[Comnon stock,,],[Paid-in capital-excess of par,\table[[24],[45]],\table[[20],[47]]],[Retained earnings,,8],[Less: Treasury stock,\table[[(8)],[5420]],$ 369],[,,]]
DUX CONPANY
Income Statement
For the Year Ended December 31,2024
( $ in thousands)
Revenues
Sales revenue
$200
2 1 4 i 1 Problem 2 1 - 4 ( Static ) Statement of

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