Omega Company's accountants have just completed the income statement and balance sheet for the year and have provided the following information (dollars in thousands): $22,600 INCOME STATEMENT Sales revenue Expenses Cost of goods sold $ 10,500 Depreciation expense 2,000 Salaries expense 4,070 Rent expense 3,200 Insurance expense 1,100 Utilities expense 850 Interest expense on bonds 450 Loss on sale of investments 650 Net loss 22,820 $ (220) SELECTED BALANCE SHEET ACCOUNTS Current Year Merchandise inventory $ 150 Accounts receivable 440 Accounts payable 285 Salaries payable 38 Rent payable 4 Prepaid rent 6 Prepaid insurance 17 Prior Year $ 65 620 212 23 10 7 4 Other data: The company issued $30,000, 8 percent bonds payable at par during the year. Required: 1. Prepare the cash flows from operating activities section of the statement of cash flows using the direct method. (List cash outflows as negative amounts. Enter your answers in thousands.)