Lycamobile ($ in thousands) Sales revenue Operating expenses: Cost of goods sold Depreciation Insurance Administrative and other TIGER ENTERPRISES Income statement For the year Ended December 31, 2013 $3,340 $7,000 240 100 1,800 Total operating expenses Income before income taxes Income tax expense 5,500 1,500 600 Net income Statement of Financial Information ($ in thousands) Dec. 31, 2013 900 Dec. 31, 2012 Assets: Cash Accounts receivable Inventory Prepaid insurance Plant and equipment Less: Accumulated depreciation Total assets Liabilities and Shareholders' Equity: Accounts payable Payables for administrative and other expenses Income tax payable $ 300 $ 200 750 830 640 600 50 20 2,100 1,800 (840) (600) $ 3,000 $ 2,850 $ 300 $ 360 300 400 200 150 Note payable (due 31/12/2014) 800 600 Ordinary share capital 900 800 Retained earnings 500 540 Total liabilities and shareholders' equity $ 3,000 $2,850 Required: Prepare Tiger's statement of Cash flows, using the indirect method to present cash flows from operating activities. (Hint: You will have to calculate dividend payments. Assume that dividends are classified as financing cash flows.)