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 (S in thousands) Sales revenue $10,eee Operating expenses: Cost of goods sold Depreciation expense 4,eee 30e Insurance expense 40e General and administrative expense 2,40e Total operating expenses 7,1ee Income before income taxes 2,90e Income tax expense (1,168) Net income 1,740 Balance Sheet Informatio ($ in thousands) Dec. 31,2821 Dec. 31, 2028 Assets: Cash 26e 420 Accounts receivable 890 78e 738 Inventory Prepaid insurance Equipment Less: Accumulated depreciation 660 50 118 2,10e (660) 2,7ee (960) Total assets 3,788 3,30e Liabilities and Shareholders' Equity: Accounts payable Accrued liabilities (for general & administrative expense) Income taxes payable 330 420 330 460 218 230 Notes payable (due 12/31/2822) 9ee 1,16e 868 Common stock 1,828 Retained earnings 450 710 $ 3,300 Total liabilities and shareholders' equity 3,788 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.) 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: 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 Cash, December 31