Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. $13,500 8,920 4,580 (1,832) $ 2,748 Dec. 31, 2020 TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue Operating expenses: Cost of goods sold $ 4,700 Depreciation expense 370 Insurance expense 750 General and administrative expense 3, 100 Total operating expenses Income before income taxes Income tax expense Net income Balance Sheet Information ($ in thousands ) Dec. 31, 2021 Assets: Cash $ 560 Accounts receivable 815 Inventory 765 Prepaid insurance 100 Equipment 3,400 Less: Accumulated depreciation (1,100) Total assets $ 4,540 Liabilities and Shareholders' Equity: Accounts payable $ 365 Accrued liabilities (for general & administrative expense) 365 Income taxes payable 295 Notes payable (due 12/31/2022) 1,200 Common stock 1,040 Retained earnings 1,275 Total liabilities and shareholders' equity $ 4,540 $ 330 960 730 20 2,450 (730) $ 3,760 $ 490 530 2B0 800 930 730 $ 3,760 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.)