Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. $7,000 TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue Operating expenses: Cost of goods sold $3,360 Depreciation expense 240 Insurance expense 100 General and administrative expense 1,800 Total operating expenses Income before income taxes Income tax expense Net Income 5,500 1,500 (600) $ 900 Dec. 31, 2021 Dec. 31, 2020 $ 200 830 600 $ 300 750 640 50 2,100 (840) $3,000 20 1,800 Balance Sheet Information ($ 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 & admin, expense) Income taxes payable Notes payable (due 12/31/2022) Common stock Retained earnings Total liabilities and shareholders' equity (600) $2,850 $ 300 300 200 800 $ 360 400 150 600 800 540 $2,850 900 500 $3,000 Required: Prepare Tiger's statement of cash flows, using the indirect method to present cash flows from operating activi- ties. (Hint: You will have to calculate dividend payments)