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 $11,000 Operating expenses: Cost of goods sold Depreciation $4,200 320 500 Insurance Administrative and other 2,600 Total operating expenses 7,620 Income before income taxes 3,380 1,352 Income tax expense $2,028 Net income Balance Sheet Information ($ in thousands) Dec. 31, 2017 Dec. 31,2018 Assets: Cash $460 $ 280 Accounts receivable 790 910 760 680 Inventory Prepaid insurance Plant and equipment Less: Accumulated depreciation 60 130 2,200 (680) 2,900 (1,000) $4,040 $ 3,450 Total assets Liabilities and Shareholders' Equity: Accounts payable $ 340 $440 480 Payables for administrative and other expenses 340 240 230 Income taxes payable 1 , 060 1,060 1,000 Note payable (due 12/31/2019) 750 Common stock 880 Retained earnings 670 $4,040 3,450 Total liabilities and shareholders' equity Required 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). (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) TIGER ENTERPRISES Statement of Cash Flows For the Year Ended December 31, 2018 $ in thousands) 0 0 0