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								$	7,660
Operating expenses:
Cost of goods sold		$	3,470
Depreciation expense			350
Insurance expense			210
General and administrative expense			1,910
Total operating expenses									5,940
Income before income taxes									1,720
Income tax expense									(710	)
Net income								$	1,010
Balance Sheet Information ($ in thousands)	Dec. 31,2021						Dec. 31, 2020
Assets:
Cash		$	410					$	310
Accounts receivable			860						940
Inventory			750						710
Prepaid insurance			105						75
Equipment			2,650						2,350
Less: Accumulated depreciation			(1,060	)					(710	)
Total assets		$	3,715					$	3,675
Liabilities and Shareholders' Equity:
Accounts payable		$	410					$	470
Accrued liabilities (for general & administrative expense)			410						510
Income taxes payable			310						260
Notes payable (due 12/31/2022)			910						710
Common stock			1,010						910
Retained earnings			665						815
Total liabilities and shareholders' equity		$	3,715					$	3,675

Required: Prepare the cash flows from operating activities section of Tiger's 2021 statement of cash flows using the direct method. Assume that all purchases and sales of inventory are on account, and that there are no anticipated bad debts for accounts receivable