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 COMPANYComparative Balance SheetsDecember $31,2024$ and $2023($$ in thousands$)20242023$Assets$$Cash$ $87\mathrm{.}0$$ $29\mathrm{.}0$Accounts receivable$57\mathrm{.}059\mathrm{.}0$Less: Allowance for uncollectible accounts$(5\mathrm{.}0)(4\mathrm{.}0)$Dividends receivable$12\mathrm{.}011\mathrm{.}0$Inventory$64\mathrm{.}059\mathrm{.}0$Long$-$term investment$24\mathrm{.}019\mathrm{.}0$Land$79\mathrm{.}040\mathrm{.}0$Buildings and equipment$189\mathrm{.}0259\mathrm{.}0$Less: Accumulated depreciation$(14\mathrm{.}0)(95\mathrm{.}0)$$ $493\mathrm{.}0$$ $377\mathrm{.}0$Liabilities$$Accounts payable$ $22\mathrm{.}0$$ $29\mathrm{.}0$Salaries payable$11\mathrm{.}014\mathrm{.}0$Interest payable$13\mathrm{.}011\mathrm{.}0$Income tax payable$16\mathrm{.}017\mathrm{.}0$Notes payable$39\mathrm{.}00$Bonds payable$98\mathrm{.}064\mathrm{.}0$Less: Discount on bonds$(2\mathrm{.}0)(3\mathrm{.}0)$Shareholders$\text{'}$ Equity$$Common stock$210\mathrm{.}0200\mathrm{.}0$Paid$-$in capital$$excess of par$24\mathrm{.}020\mathrm{.}0$Retained earnings$70\mathrm{.}025\mathrm{.}0$Less: Treasury stock$(8\mathrm{.}0)0$$ $493\mathrm{.}0$$ $377\mathrm{.}0$

DUX COMPANYIncome StatementFor the Year Ended December $31,2024($$ in thousands$)$Revenues$$Sales revenue$ $335\mathrm{.}0$Dividend revenue$12\mathrm{.}0$$ $347\mathrm{.}0$Expenses$$Cost of goods sold$138\mathrm{.}0$Salaries expense$43\mathrm{.}0$Depreciation expense$3\mathrm{.}0$Bad debt expense$1\mathrm{.}0$Interest expense$26\mathrm{.}0$Loss on sale of building$21\mathrm{.}0$Income tax expense$34\mathrm{.}0266\mathrm{.}0$Net income$$$ $81\mathrm{.}0$

Additional information from the accounting records:

A building that originally cost $$112,000,$ and which was three$-$fourths depreciated, was sold for $$7,000.$

The common stock of Byrd Corporation was purchased for $$5,000$ as a long$-$term investment.

Property was acquired by issuing a $13\%,$ seven$-$year, $$39,000$ note payable to the seller.

New equipment was purchased for $$42,000$ cash.

On January $1,2024,$ bonds were sold at their $$34,000$ 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 $$22,000$ were paid to shareholders.

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 Company using the indirect method.

Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands $($i$.$e$.,10,000$ should be entered as $10).$

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