The chief accountant for Julius Co. provides you with the company's most recent income statement and comparative balance sheets below. The accountant has asked for your help in preparing part of the company's 2021 statement of cash flows. $5,180 2021 Income Statement ($ in thousands) Sales revenue Depreciation expense Selling & administrative expense Income before taxes Income tax expense Net income 340 3,780 4,120 1,060 318 $ 742 Balance Sheet (all $ in thousands) Cash Accounts receivable Property, plant & equipment Less: Accumulated depreciation 12/31/21 $ 812 462 2,200 (920) $ 2,554 12/31/20 $ 756 371 1,480 (580) $ 2,027 337 Accrued liabilities for selling & administration expense Income taxes payable Common stock Retained earnings 306 192 760 1,296 $ 2,554 136 760 794 $ 2,027 Required: Determine the cash flow from operating activities for Julius Co., using the direct method. (Enter your answers in thousands of dollars.) Cash flows from operating activities