Question: I need help with this please The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for

I need help with this please

I need help with this please The comparative balance sheets for 2021and 2020 and the statement of income for 2021 are given belowfor DUI: Company. Additional information from Dux's accounting records is provided also.

The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for DUI: Company. Additional information from Dux's accounting records is provided also. aux CDHPANY Comparative Balance Sheets December 31, 2M1 and 2329 Lt in thousands} 2E21 2H2B Assets Cash $ 66 $ 23 Accounts receivable 39 54 Less: Allowance for uncollectible accounts [5] {4] Dividends receivable E 5 Inventory 55 58 Long-term investment 19 16 Land 75 55 Buildings and equipment 265 283 Less: Accumulated depreciation [62] {381 1; 453 $399 Liabilities Accounts payable $ 31 $ 33 Salaries payable 1 6 Interest payable 3 5 Income tax payable I B Notes payable 2% a Bonds payable 119 B5 Less: Discount on bonds [3} {4} Shareholders' Equity Common stock 216 233 Paidin capitalexcess of par 24 28 Retained earnings 52 46 Less: Treasury stock [I] B 1; 453 $399 DUN CDHFANY Income Statement For the Year Ended December 31, mm H in thousandsl Revenues Sales revenue $23 Dividend revenue E $ 236 Expenses Cost of goods sold 135 Salaries expense 31 Depreciation expense 6 Bad debt expense 1 Interest expense 3 Loss on sale of building 5 Income tax expense 14 Z Net income $ 35 Additional information from the accounting records: a. A building that originally cost $32,000, and which was three-fourths depreciated, was sold for $3,000. b. The common stock of Byrd Corporation was purchased for $3,000 as a long-term investment. c. Property was acquired by issuing a 12%, seven-year, $20,000 note payable to the seller. d. New equipment was purchased for $18,000 cash. e. On January 1, 2021, bonds were sold at their $25,000 face value. f. 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. g. Cash dividends of $16,000 were paid to shareholders. h. On November 12, 500 shares of common stock were repurchased as treasury stock at a cost of $7,000. Required: Prepare the statement of cash flows of Dux Company for the year ended December 31, 2021. Present cash flows from operating activities by the direct method. (Do not round your intermediate calculations. Enter your answers in thousands (i.e., 10,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.) DUX COMPANY Statement of Cash Flows For the year ended December 31, 2021 ($ in thousands) Cash flows from operating activities Cash inflows: Cash outflows: Net cash flows from operating activities Cash flows from investing activitiesCash outflows: Net cash flows from operating activities Cash flows from investing activities: Net cash flows from investing activities Cash flows from financing activities: Net cash flows from financing activities Net increase (decrease) in cash Cash balance, January 1 Cash balance, December 31 Noncash investing and financing activities

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