Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. $ 9,500 $3,900 290 350 2,300 TIGER ENTERPRISES Income Statement For the Year Ended December 31, 20 (s in thousands) Sales revenue Operating expenses Cost of goods sold Depreciation expense Insurance expense General and administrative expense Total operating expensen Income before income taxes Income tax expense Net income Dolance sheet Information is in thousands) Assets Cash Recounts receivable Inventory Prepaid insurance Equipment Lot Accumulated depreciation Total assets Liabilities and thareholders' Equity Accounts payable Necrued inbilities for general administrative expense) Income taxes payable Notes payable (due 12/31/2022) Common stock Retained earnings Total liabilities and shareholders' equity 6,840 2,660 (1,064) $ 1,596 Dec. 31, 2020 Dec. 31,2021 $ 250 880 650 6 400 775 715 100 2.600 (940) $3,650 45 2,050 (650) $ 3.225 $ 325 325 225 1.100 1,000 675 $3,650 5 410 450 200 850 850 465 3.225 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.) Statement of Cash Flows For the Year Ended December 31, 2021 (s in thousands) Cash flows from operating activities: Adjustments for noncash effects: Changes in operating assets and liabilities: 0 Net cash flows from operating activities Cash flows from investing activities: 0 Net cash flows from investing activities Cash flows from financing activities: 0 0 Net cash flows from financing activities Not increase in cash Cash, January 1 Cash, December 31 $ 0