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.)

Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. $ 7,000 $ 3,360 240 100 1,800 5,500 1,500 (600) $ 900 Dec. 31, 2020 Dec. 31, 2021 TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2021 ($ 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 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 & administrative expense) Income taxes payable Notes payable (due 12/31/2022) Common stock Retained earnings Total liabilities and shareholders' equity $ 300 750 640 50 2,100 (840) $ 3,000 $ 200 830 600 20 1,800 (600) $ 2,850 $ $ 300 300 200 800 900 500 $3,000 360 400 150 600 800 540 $ $ 2,850