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 Sales revenue Operating expenses: Cost of goods sold Depreciation expense Insurance expense General and administrative expense Total operating expenses Income before income taxes Income tax expense Net income Balance Sheet Information ($ in thousands) Assets: Cash Accounts receivable Inventory Prepaid insurance Equipment Less: Accumulated depreciation Total assets Liabilities and Shareholders' Equity: Accounts payable ($ in thousands) Accrued liabilities (for general & administrative expense) Income taxes payable Notes payable (due 12/31/2022) Common stock Retained earnings Total liabilities and shareholders' equity $12,500 $ 4,500 350 650 2,900 8,400 4,100 (1,640) $ 2,460 Dec. 31,2021 Dec. 31, 2020 $ 520 $ 310 805 940 805 710 160 75 3,200 2,350 (1,060) (710) $ 4,430 $ 3,675 $ 355 $ 470 355 510 270 260 1,240 900 1,000 910 1,210 625 $ 4,430 $ 3,675 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 sian.) TIGER ENTERPRISES Statement of Cash Flows For the Year Ended December 31, 2021 ($ in thousands) Cash flows from operating activities: Adjustments for noncash effects: Changes in operating assets and liabilities: Net cash flows from operating activities Cash flows from investing activities: Net cash flows from investing activities Cash flows from financing activities: Net cash flows from financing activities Net increase in cash Cash, January 1 Cash, December 31