Presented below is the 2024 income statement and comparative balance sheet information for Tiger Enterprises. TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2024 ($ 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 $ 17,000 $ 5,400 440 1,100 3,800 10,740 6,260 (2,504) Balance Sheet Information ($ in thousands) December 31, 2024 Assets: Cash $ 700 Accounts receivable 850 Inventory 870 Prepaid insurance 170 Equipment 3,600 Less: Accumulated depreciation (1,240) Total assets Liabilities and Shareholders' Equity: Accounts payable Accrued liabilities (for general & administrative expense) Income taxes payable Notes payable (due 12/31/2025) Common stock Retained earnings Total liabilities and shareholders' equity Required: $ 3,756 December 31, 2023 $ 400 1,030 800 55 2,800 (800) $ 4,950 $ 4,285 $ 400 $ 560 400 600 380 350 1,280 950 1,180 1,000 1,310 825 $ 4,950 $ 4,285 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).