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I am having issues with the indirect method. The comparative...

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Accounting

I am having issues with the indirect method.

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

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