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 $10,500 Operating expenses: Cost of goods sold $4,100 Depreciation 310 Insurance 450 Administrative and other 2,500 Total operating expenses 7, 360 Income before income taxes 3, 140 Income tax expense 1,256 Net income $ 1,884 Balance Sheet Information ($ in thousands) Dec. 31, 2018 Dec. 31, 2017 Assets: Cash $ 440 $ 270 Accounts receivable 785 900 Inventory 745 670 Prepaid insurance 120 55 Plant and equipment 2,800 2,150 Le33: Accumulated depreciation (980) (670) Total assets $3,910 $ 3,375 Liabilities and Shareholders' Equity: Accounts payable $ 335 $ 430 Payables for administrative and other expenses 335 470 Income taxes payable 235 220 Note payable (due 12/31/2019) 1,000 700 Common stock 1,040 870 Retained earnings 965 685 Total liabilities and shareholders' equity $3,910 $ 3,375 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)