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								$	7,000
Operating expenses:
Cost of goods sold		$	3,360
Depreciation			240
Insurance			100
Administrative and other			1,800
Total operating expenses									5,500
Income before income taxes									1,500
Income tax expense									600
Net income								$	900
Balance Sheet Information ($ in thousands)	Dec. 31,2018						Dec. 31, 2017
Assets:
Cash		$	300					$	200
Accounts receivable			750						830
Inventory			640						600
Prepaid insurance			50						20
Plant and equipment			2,100						1,800
Less: Accumulated depreciation			(840	)					(600	)
Total assets		$	3,000					$	2,850
Liabilities and Shareholders' Equity:
Accounts payable		$	300					$	360
Payables for administrative and other expenses			300						400
Income taxes payable			200						150
Note payable (due 12/31/2019)			800						600
Common stock			900						800
Retained earnings			500						540
Total liabilities and shareholders' equity		$	3,000					$	2,850

Required: Prepare Tigers statement of cash flows, using the indirect method to present cash flows from operating activities. (Hint: You will have to calculate dividend payments). (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)