17 5 points The chief accountant for Julius Co. provides you with the company's most recent income statement and comparative balance sheets below. The accountant has asked for your help in preparing part of the company's 2021 statement of cash flows. 2021 Income Statement ($ in thousands) Sales revenue Depreciation expense Selling & administrative expense Income before taxes Income tax expense Net income 01:35:21 $5,600 480 3,920 4,400 1,200 360 $ 840 Cash eBook Balance Sheet (all $ in thousands) Accounts receivable Property, plant & equipment Less: Accumulated depreciation Accrued liabilities for selling & administration expense Income taxes payable Common stock Retained earnings 12/31/21 $ 780 430 12/31/20 $ 740 355 2,900 1,400 (900) (420) $3,210 $2,075 290 305 160 120 600 600 2,160 1,050 $ 3,210 $2,075 Required: Determine the cash flow from operating activities for Julius Co., using the direct method. (Enter your answers in thousands of dollars.) Cash flows from operating activities