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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,

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
($ in thousands)
Sales revenue $ 7,360
Operating expenses:
Cost of goods sold $ 3,420
Depreciation 300
Insurance 160
Administrative and other 1,860
Total operating expenses 5,740
Income before income taxes 1,620
Income tax expense 660
Net income $ 960
Balance Sheet Information ($ in thousands) Dec. 31,2018 Dec. 31, 2017
Assets:
Cash $ 360 $ 260
Accounts receivable 810 890
Inventory 700 660
Prepaid insurance 80 50
Plant and equipment 2,400 2,100
Less: Accumulated depreciation (960 ) (660 )
Total assets $ 3,390 $ 3,300
Liabilities and Shareholders' Equity:
Accounts payable $ 360 $ 420
Payables for administrative and other expenses 360 460
Income taxes payable 260 210
Note payable (due 12/31/2019) 860 660
Common stock 960 860
Retained earnings 590 690
Total liabilities and shareholders' equity $ 3,390 $ 3,300

Required: Prepare the cash flows from operating activities section of Tiger's 2018 statement of cash flows using the direct method. Assume that all purchases and sales of inventory are on account, and that there are no anticipated bad debts for accounts receivable. (Hint: Use T-accounts for the pertinent items to isolate the information needed for the statement.) (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.)

*********Please help me because my answers were wrong***********

TIGER ENTERPRISES
Statement of Cash Flows
For the Year Ended December 31, 2018
($ in thousands)
Cash flows from operating activities:
Collections from customers
Payment for administrative & other expenses
Payment of income taxes
Net cash flows from operating activities $0

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