Paddleboard Inc. began operations on January 1, 2022. Its post-closing trial balance at December 31, 2022 and 2023, is shown below along with some other information. Paddleboard Inc. Income Statement For Year Ended December 31, 2023 (000s) Revenues: Sales $ 3,874 Cost of goods sold 1,626 Gross Profit 2,248 Expenses: Other expenses $ 790 Depreciation expense 170 Total operating expenses 960 Profit from operations 1,288 Income tax expense 288 Profit $ 1,000 Paddleboard Inc. Post-Closing Trial Balance (000s) December 31 Account 2023 2022 Cash $3,780 $1,930 Receivables 2,880 2,170 Merchandise inventory 2,650 3,220 Property, plant and equipment 3,130 2,810 Accumulated depreciation 2,010 1,840 Investments 2,170 2,330 Accounts payable 2,010 1,530 Accrued liabilities 320 480 Bonds payable 3,130 3,300 Common shares 3,130 2,180 Retained earnings 4,010 3,130 Other information regarding Paddleboard Inc. and its activities during 2023: Assume all accounts have normal balances. Cash dividends were declared and paid during the year. There were no sales of property, plant, and equipment assets during the year. Investments were sold for cash at their original cost. Required: Using the information provided, prepare a statement of cash flows (applying the indirect method) for the year ended December 31, 2023. (List any deduction in cash and cash outflows as negative amounts. Enter amounts in thousands, not in dollar.)