Presented below is the 2018 income statement and comparative balance sheet information for Tiger Enterprises. Income Statement For the Year Ended December 31, 2018 Operating expenses: Cost of goods sold Depreciation $ 4,080 300 400 2,408 Administrative and other Total operating expenses Income before income taxes Income tax expense 7,180 2,989 1,160 $ 1,740 Balance Sheet Information ($in thousands) Dec. 31,2018 Cash $ 420 780 730 110 2,780 s 260 890 Inventory Prepaid insurance Plant and equipment 2,100 Less: Accumulated Total assets depreciation s 3,780 Liabilities and Shareholders' Equity: 5 330 330 $ 420 210 860 Income taxes payable Note payable (due 12/31/2819) 1,160 1,020 450 Total 1iabilities and shareholders' equity Required: Prepare Tiger's stat to calculate dividend payments). (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus of cash flows, using the indirect method to present cash flows from operating activities. (Hint: You will have TIGER ENTE