Marigold Limited, which follows IFRS, has adopted the policy of classifying interest paid as operating activities and dividends paid as financing activities. Condensed financial data for 2020 and 2019 follow (in thousands): MARIGOLD LIMITED Comparative Statement of Financial Position December 31 2020 2019 Cash $2,015 $1,150 FV-Nl investments 1,300 1,420 Accounts receivable 1,835 1,320 Inventory 1,540 1,930 Plant assets 1,955 1,740 Accumulated depreciation (1,200) (1,170) $7,445 $6,390 Accounts payable $1,285 $920 Accrued liabilities 225 275 Mortgage payable 1,315 1,555 Common shares 2,015 1,740 Retained earnings 2,605 1,900 $7,445 $6,390 MARIGOLD LIMITED Income Statement Year Ended December 31, 2020 Sales $6,905 Cost of goods sold 4,700 Gross margin 2,205 Administrative expenses 910 Income from operations 1.295 Other expenses and gains Interest expense $(20) Gain on disposal of FV-Nl investments 80 60 Income before tax 1,355 Income tax expense 405 Net income $950 Additional information: During the year, $70 of common shares were issued in exchange for plant assets. No plant assets were sold in 2020. The FV-NI investments' carrying amount and market value were the same at December 31, 2020. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - signe.g.-15,000 or in parenthesis e.g. (15,000). Enter amounts in thousands.)