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								$	15,500
Operating expenses:
Cost of goods sold		$	5,100
Depreciation expense			410
Insurance expense			950
General and administrative expense			3,500
Total operating expenses									9,960
Income before income taxes									5,540
Income tax expense									(2,216	)
Net income								$	3,324
Balance Sheet Information ($ in thousands)	Dec. 31,2021						Dec. 31, 2020
Assets:
Cash		$	640					$	370
Accounts receivable			835						1,000
Inventory			825						770
Prepaid insurance			140						40
Equipment			3,300						2,650
Less: Accumulated depreciation			(1,180	)					(770	)
Total assets		$	4,560					$	4,060
Liabilities and Shareholders' Equity:
Accounts payable		$	385					$	530
Accrued liabilities (for general & administrative expense)			385						570
Income taxes payable			365						320
Notes payable (due 12/31/2022)			1,100						800
Common stock			1,120						970
Retained earnings			1,205						870
Total liabilities and shareholders' equity		$	4,560					$	4,060

Required: 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). (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)