Statement of Cash Flows For the Year Ended December 31, 2021 (s in thousands) Cash flows from operating activities: Adjustments for noncash effects: Changes in operating assets and liabilities: Net cash flows from operating activities Cash flows from investing activities: Net cash flows from investing activities Cash flows from financing activities: Net cash flows from financing activities Net increase in cash Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. $12,500 $ 4,500 350 650 2,900 8,400 4,100 (1,640) $ 2,460 Dec. 31, 2020 Dec. 31,2021 TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2021 ($ 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 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 $ 520 805 805 160 3,200 (1,060) $ 4,430 $ 310 940 710 75 2,350 (710) $ 3,675 $ $ 355 355 270 1,240 1,000 1,210 $ 4,430 470 510 260 900 910 625 $ 3,675 Required