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Please show all work. Presented below is the 2018 income statement and comparative balance sheet information for Tiger Enterprises. TIGER ENTERPRISES Income Statement For the

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Presented below is the 2018 income statement and comparative balance sheet information for Tiger Enterprises. TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2018 (S in thousands) Sales revenue Operating expenses: Cost of goods sold Depreciation Insurance Adeinistrative and other $11,000 $ 4,200 320 se0 2,600 Total operating expenses Income before income taxes 7,620 3,380 1,352 $ 2,028 Income tax expense Net income Balance Sheet Information ($ in thousands) Dec. 31, 2e17 Dec. 31,2018 Assets: Cash $ 790 760 280 910 680 60 460 Accounts receivable Inventory Prepaid insurance Plant and equipment Less: Accumulated depreciation 130 2,900 (1,000) $ 4,040 2,200 (680) $ 3,450 Total assets Liabilities and Shareholders' Equity: Accounts payable Payables for adeinistrative and other expenses Income taxes payable Note payable (due 12/31/2019) Common stock Retained earnings Total liabilities and shareholders' equity 34e 340 240 1,060 S 440 480 230 750 880 67e 1.060 1,000 $ 4,040 $ 3,450 Required: Prepare Tiger's statement of cash flows, using the indirect method to present cash flows from operating activitiesHint You will have to calculate dividend payments). (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)

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