Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises.

TIGER ENTERPRISES
Income Statement
For the Year Ended December 31, 2021
($ in thousands)
Sales revenue								$	16,000
Operating expenses:
Cost of goods sold		$	5,200
Depreciation expense			420
Insurance expense			1,000
General and administrative expense			3,600
Total operating expenses									10,220
Income before income taxes									5,780
Income tax expense									(2,312	)
Net income								$	3,468
Balance Sheet Information ($ in thousands)	Dec. 31,2021						Dec. 31, 2020
Assets:
Cash		$	660					$	380
Accounts receivable			840						1,010
Inventory			840						780
Prepaid insurance			150						45
Equipment			3,400						2,700
Less: Accumulated depreciation			(1,200	)					(780	)
Total assets		$	4,690					$	4,135
Liabilities and Shareholders' Equity:
Accounts payable		$	390					$	540
Accrued liabilities (for general & administrative expense)			390						580
Income taxes payable			370						330
Notes payable (due 12/31/2022)			1,160						850
Common stock			1,140						980
Retained earnings			1,240						855
Total liabilities and shareholders' equity		$	4,690					$	4,135

Required: Prepare Tigers 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.)