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

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).

$10,000 $ 4,000 300 400 2,400 7,100 2,900 (1,160) $ 1,740 Dec. 31, 202 Dec. 31, 2021 Income Statement For the Year Ended December 31, 2021 ($ in thousands) 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 Accrued liabilities (for general & administrative expense) Income taxes payable Notes payable (due 12/31/2022) Common stock Retained earnings Total liabilities and shareholders' equity 420 780 730 110 2,700 (960) $ 3,780 260 890 660 50 2,100 (660) $ 3,300 $ 420 460 210 $ 330 330 230 1,160 1,020 719 $3,780 900 860 450 $ 3,300