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$ $72$$ $26$Accounts receivable$2750$Less: Allowance for uncollectible accounts$(3)(2)$Dividends receivable$43$Inventory$3530$Long$-$term investment$1712$Land$5545$Buildings and equipment$252260$Less: Accumulated depreciation$(46)(60)$$ $413$$ $364$Liabilities$$Accounts payable$ $14$$ $18$Salaries payable$14$Interest payable$53$Income tax payable$56$Notes payable$100$Bonds payable$10075$Less: Discount on bonds$(1)(2)$Shareholders$\text{'}$ Equity$$Common stock$210200$Paid$-$in capital$$excess of par$2420$Retained earnings$5040$Less: Treasury stock$(5)0$$ $413$$ $364$

DUX COMPANYIncome StatementFor the Year Ended December $31,2024($$ in thousands$)$Revenues$$Sales revenue$ $210$Dividend revenue$4$$ $214$Expenses$$Cost of goods sold$125$Salaries expense$27$Depreciation expense$4$Bad debt expense$1$Interest expense$6$Loss on sale of building$1$Income tax expense$12176$Net income$$$ $38$

Additional information from the accounting records:

A building that originally cost $$24,000,$ and which was three$-$fourths depreciated, was sold for $$5,000.$

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

Property was acquired by issuing a $10\%,$ seven$-$year, $$10,000$ note payable to the seller.

New equipment was purchased for $$16,000$ 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 $$5,000.$

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.

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. Additional information from the accounting records:

a$.$ A building that originally cost $\backslash (\backslash$$ $24,000\backslash ),$ and which was three$-$fourths depreciated, was sold for $\backslash (\backslash$$ $5,000\backslash ).$

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

c$.$ Property was acquired by issuing a $\backslash (10\backslash \%\backslash ),$ seven$-$year, $\backslash (\backslash$$ $10,000\backslash )$ note payable to the seller.

d$.$ New equipment was purchased for $\backslash (\backslash$$ $16,000\backslash )$ cash.

e$.$ On January $1,2024,$ bonds were sold at their $\backslash (\backslash$$ $25,000\backslash )$ face value.

f$.$ On January $19,$ Dux issued a $\backslash (5\backslash \%\backslash )$ stock dividend $(1,000$ shares$).$ The market price of the $\backslash (\backslash$$ $10\backslash )$ par value common stock was $\backslash (\backslash$$ $14\backslash )$ per share at that time.

g$.$ Cash dividends of $\backslash (\backslash$$ $14,000\backslash )$ were paid to shareholders.

h$.$ On November $12,500$ shares of common stock were repurchased as treasury stock at a cost of $\backslash$$$5,000.$

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. $\backslash$begin$\{$tabular$\}\{|$c$|$c$|\}$

$\backslash$hline Cash flows from investing activities: & $\backslash \backslash$

$\backslash$hline $-$ & $\backslash \backslash$

$\backslash$hline $?$ & $\backslash \backslash$

$\backslash$hline $?$ & $\backslash \backslash$

$\backslash$hline $?$ & $\backslash \backslash$

$\backslash$hline $?$ & $\backslash \backslash$

$\backslash$hline Net cash flows from investing activities & $0\backslash \backslash$

$\backslash$hline Cash flows from financing activities: & $\backslash \backslash$

$\backslash$hline & $\backslash \backslash$

$\backslash$hline & $\backslash \backslash$

$\backslash$hline & $\backslash \backslash$

$\backslash$hline $?$ & $\backslash \backslash$

$\backslash$hline & $\backslash \backslash$

$\backslash$hline Net cash flows from financing activities & $0\backslash \backslash$

$\backslash$hline Net increase $($decrease$)$ in cash & $\backslash \backslash$

$\backslash$hline Cash balance, January $1$ & $\backslash \backslash$

$\backslash$hline Cash balance, December $31$ & $\backslash$$ $0\backslash \backslash$

$\backslash$hline Noncash investing and financing activities: & $\backslash \backslash$

$\backslash$hline $\backslash (\backslash$square $\backslash )$ & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$