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 Operating expenses $7,960 Cost of goods sold Depreciation Insurance Administrative and other $ 3,520 400 260 1,960 Total operating expenses 6,140 Income before income taxes Income tax expense Net income 1,826 760 $1,060 Balance Sheet Information ($ in thousands) Assets Cash Accounts receivable Inventory Prepaid insurance Plant and equipment Dec. 31,2018 Dec. 31, 2017 $ 460 910 800 130 2,900 $ 360 990 766 100 2,600 Less: Accumulated depreciation (1,160) (760) Total assets 4,040 4,050 Liabilities and Shareholders' Equity: Accounts payable Payables for administrative and other expenses Income taxes payable Note payable (due 12/31/2019) Common stock Retained earnings $ 460 460 360 960 1,060 740 $ 520 560 310 760 960 940 Total liabilities and shareholders' equity $ 4,040 $4,950 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 antlcipated bad debts for accounts recelvable. (Hint: Use T accounts for the pertinent items to isolate the information needed for the statement.) (Amounts to be deducted should be indicated