The comparative balance sheets for 2013 and 2012 and the statement of income for 2013 are given below for Dux Company. Additional information from Dux's accounting records is provided also.

DUX COMPANY

Comparative Balance Sheets

December 31, 2013 and 2012

($ in 000s)

2013 2012

Assets 

Cash $ 33 $ 20 

Accounts receivable 48 50 

Less: Allowance for uncollectible accounts (4) (3) 

Dividends receivable 3 2 

Inventory 55 50 

Long-term investment 15 10 

Land 70 40 

Buildings and equipment 225 250 

Less: Accumulated depreciation (25) (50) 

$ 420 $ 369 

Liabilities 

Accounts payable $ 13 $ 20 

Salaries payable 2 5 

Interest payable 4 2 

Income tax payable 7 8 

Notes payable 30 0 

Bonds payable 95 70 

Less: Discount on bonds (2) (3) 

Shareholders' Equity 

Common stock 210 200 

Paid-in capital—excess of par 24 20 

Retained earnings 45 47 

Less: Treasury stock (8) 0 

$ 420 $ 369 

DUX COMPANY

Income Statement

For Year Ended December 31, 2013

($ in 000s)

Revenues 

Sales revenue $ 200 

Dividend revenue 3 $ 203 

Expenses 

Cost of goods sold 120 

Salaries expense 25 

Depreciation expense 5 

Bad debt expense 1 

Interest expense 8 

Loss on sale of building 3 

Income tax expense 16 178 

Net income $ 25 

Additional information from the accounting records:

a. A building that originally cost $40,000, and which was three-fourths depreciated, was sold for $7,000.

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

c. Property was acquired by issuing a 13%, seven-year, $30,000 note payable to the seller.

d. New equipment was purchased for $15,000 cash.

e. On January 1, 2013, $25,000 of bonds were sold at 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 $13,000 were paid to shareholders.

h. On November 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. (Do not round intermediate calculations. Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)