I think the header answers on the left are correct, but if they aren't, please let me know!

Thanks!

Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. $7,240 $3,400 280 140 1,840 TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue Operating expenses: Cost of goods sold Depreciation expense Insurance expense General and administrative expense Total operating expenses Income before income taxes Income tax expense Net income Balance Sheet Information ($ in thousands) Assets: Cash Accounts receivable Inventory Prepaid insurance Equipment Less: Accumulated depreciation 5,660 1,580 (640) $ 940 Dec. 31, 2020 Dec. 31, 2021 $ 340 790 680 7e 2,300 (920) $ 240 870 640 4e 2,000 (640) $ 94e Dec. 31, 2020 Dec 31, 2021 $ 340 790 680 70 2.300 5 240 870 640 40 2,000 Net income Balance Sheet Information (5 in thousands) Assets Cas Accounts receivable Inventory Prepaid insurance Equipment Less: Accumulated depreciation Total assets Liabilities and Shareholders Equity: Accounts payable Accrued abilities (for general administrative expense) Notes payable (due 12/31/2022) Common stock Retained earnings Total liabilities and shareholders' equity $3,260 $3,150 $ 400 460 190 $ 340 340 240 840 940 560 $ 3,260 840 648 $ 3,150 Required: Prepare the cash flows from operating activities section of Tiger's 2021 statement of cash flows using the direct method. Assume that all purchases and sales of inventory are on account, and that there are no anticipated bad debts for accounts receivable. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.) Required: Prepare the cash flows from operating activities section of Tiger's 2021 statement of cash flows using the direct method. Assume that all purchases and sales of inventory are on account, and that there are no anticipated bad debts for accounts receivable (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.) TIGER ENTERPRISES Statement of Cash Flows For the Year Ended December 31, 2021 (s in thousands) Cash flows from operating activities Cash received from customers Cash paid for merchandise Cash paid for insurance Cash paid for general and administrative expense Cash paid for income taxes 7,320 Net cash flows from operating activities $ 7,320