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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 accounting records is provided also.

DUX COMPANY

Comparative Balance Sheets

December $31,2024$ and $2023$

$($$ in thousands$)$

$20242023$

Assets

Cash $ $87$ $ $32$

Accounts receivable $4363$

Less: Allowance for uncollectible accounts $(5)(4)$

Dividends receivable $65$

Inventory $6055$

Long$-$term investment $3634$

Land $6045$

Buildings and equipment $270270$

Less: Accumulated depreciation $(41)(60)$

$ $516$ $ $440$

Liabilities

Accounts payable $ $22$ $ $48$

Salaries payable $58$

Interest payable $62$

Income tax payable $1012$

Notes payable $150$

Bonds payable $10580$

Less: Discount on bonds $(2)(3)$

Shareholders' Equity

Common stock $210200$

Paid$-$in capital$$excess of par $2420$

Retained earnings $12873$

Less: Treasury stock $(7)0$

$ $516$ $ $440$

DUX COMPANY

Income Statement

For the Year Ended December $31,2024$

$($$ in thousands$)$

Revenues

Sales revenue $ $320$

Dividend revenue $6$ $ $326$

Expenses

Cost of goods sold $180$

Salaries expense $22$

Depreciation expense $8$

Bad debt expense $1$

Interest expense $7$

Loss on sale of building $1$

Income tax expense $24243$

Net income $ $83$

Additional information from the accounting records:

A building that originally cost $$36,000,$ and which was three$-$fourths depreciated, was sold for $$8,000.$

The common stock of Byrd Corporation was purchased for $$2,000$ as a long$-$term investment.

Property was acquired by issuing a $15\%,$ seven$-$year, $$15,000$ note payable to the seller.

New equipment was purchased for $$36,000$ cash.

On January $1,2024,$ bonds were sold at their $$25,000$ 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 $$14,000$ were paid to shareholders.

On November $12,500$ shares of common stock were repurchased as treasury stock at a cost of $$7,000.$

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.