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Presented below is the 2021 income statement and comparative balance sheet Information for Tiger Enterprises TTOER METERPRISES Income Statement For the Year Ended December 31,

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Presented below is the 2021 income statement and comparative balance sheet Information for Tiger Enterprises TTOER METERPRISES Income Statement For the Year Ended December 31, 2021 18 in thousanda) Sales revenue Operating expenses $13,000 Coat of goods sold Depreciation expense $ 4,600 360 Tonurance expense Ceneral and administrative expense 700 3,000 Total operating expenses 8,660 Income before income taxes Income tax expense 4,340 (1,736) Net Income $ 2,604 Malance sheet Information in thousands) Dec. 31,2021 Assets Dec. 31, 2020 Cash 540 $ 320 Accounts receivable 810 950 Inventory 750 720 Prepaid insurance 170 Equipment 3,300 2,400 Lost Accumulated depreciation (1.080) (720) Total assets $ 4,490 $ 3,750 Liabilities and shareholders' Equity Accounts payable $ 360 480 Accrued liabilities (for general administrative expense) 520 Income taxes payable 290 270 Notes payable (due 12/31/2022) 1,300 950 Common stock 1.020 920 Retained earnings 1,160 610 Total liabilities and shareholders' equity $ 4,490 $ 3,750 $ $ 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.)

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