Selected accounts from the SFP of Iraj Ltd. at 31 December 205 and 204 are presented below, in thousands. Iraj reported earnings of $820 in 205, and depreciation expense was $160. Bonds of $150 par value were issued during the period for $95 and a discount of $55 was originally recorded. Required: 1. Prepare the operating activities section of the SCF, using the indirect approach and the two-step presentation method. (List any deduction in cash and cash outflows as negative amounts. Assume that dividends paid are financing activities, and assume that interest paid and received, and dividends received, are operating transactions. Enter your answers in thousands.) 2. Calculate cash paid for interest and income tax, assuming that interest expense is $161 and income tax expense is $192. (Enter your answers in thousands.)