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 Balance Sheet Information ($ in thousands) December 31, 2024 Assets Cash $ 700 Accounts receivable 850 Inventory 870 Prepaid insurance 170 6,260 (2,504) $ 3,756 December 31, 2023 $ 400 1,030 800 55 Equipment Total assets Retained earnings Less: Accumulated depreciation Liabilities and Shareholders' Equity: Accounts payable Accrued liabilities (for general & administrative expense) Income taxes payable. Notes payable (due 12/31/2025) Common stock Total liabilities and shareholders' equity Required: Prepare Tiger's statement of cash flows, using the indirect method to present cash flows from operating activities. (Hint to calculate dividend payments). Note: Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign. 3,600 (1,240) $,4,950 2,800 (800) $ 4,285 $ 400 $ 500 400 600 380 350 1,280 950 1,180 1,000 1,310 825 $ 4,950 $ 4,285