Prepare Tiger's statement of cash flows, using the indirect method to present cash flows from operating activities.

in thousands) Sales revenue Operating expenses: Cost of goods sold Depreciation expense Insurance expense General and administrative Total operating expenses Income before income taxes Income tax expense Net income Balance Sheet Information ($ Assets: Cash Accounts receivable Inventory Prepaid insurance Equipment expense in thousands) Less: Accumulated depreciation Total assets Liabilities and Shareholders' Equity: Accounts payable Accrued liabilities (for general & administrative expense) Income taxes payable Notes payable (due 12/31/2025) Common stock Retained earnings Total liabilities and shareholders' equity Required: 260 200 2, December 31, 2024 $ 340 760 670 70 2,300 (880) 3,260 $ 310 310 210 920 940 570 3,260 $ 8, 6, 060 1,940 (776) $ 1,164 Decembe r 31, 2023 $ 220 850 620 30 l,g (620) 3, $ 380 420 170 820 510 3, 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). Note: Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign. Tl ER ENTERPRISE Statement of Cash Flows For the Year Ended December 31, 2024 $ in thousands Cash flows fromo ratin activities: Ad'ustments for noncash effects: Chan es ino ratin assets and liabilities: Net cash flows fromo ratin activities Cash flows from investin activities: Net cash flows from investin activities Cash flows from financin activities: Net cash flows from financin Net increase in cash Cash, Janua 1 Cash, December 31 activities