Question: Problem 2116 (Algo) Statement of cash flows; indirect method [LO21-4, 21-8] The comparative bolance sheets for 2024 and 2023 and the statement of income for


Problem 2116 (Algo) Statement of cash flows; indirect method [LO21-4, 21-8] The comparative bolance 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: Additional information from the occounting records. a. A building that onginaily cost $192.000, and which was three-fourths depreciated, was sold for $7.000, b. The common stosk of Byrd Corporauon was purchased for $5,000 as a long-term investment. c. Property was acquired by issuing a 13%, seven-year, $49,000 note payable to the sellet d. New equipment was purchased for $72,000 cash. e. On January 1,2024, bonds were sold at their $44,000 face value f. On January 19. Dux issued o 5% stock dividend (1.000 shares). The market price of the $10 par value common stock was $14 per share at that time. 9. Cash dividends of $32,000 were paid to shareholders h. 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 Compary using the indirect method: Note: Amounts to be deducted should be indlcated with a minus sign. Enter your answers in thousands (l.e., 10,000 should be entered os 10 )
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