TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2021 ($ in thousands) 15 point Sapped 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 eflook Ht Net income P References Balance Sheet Information (5 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) Comstock Retained earnings Total liabilities and shareholders' equity $7,060 $3,370 250 110 1,810 5,540 1,520 (610) $910 Dec. 31,2021 Dec. 31, 2020 $ 310 $210 760 840 650 610 55 25 2,150 1,850 (860) (610) $3,065 $2,925 $ 310 $ 370 310 410 210 160 810 610 920 810 515 565 $3,065 $2,925 ped Ok Required: Prepare the cash flows from operating activities section of Tiger's 2021 statement of cash flows using the direct method. Assume that all purchases and sales of inventory are on account, and that there are no anticipated bad debts for accounts receivable. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.) TIGER ENTERPRISES Statement of Cash Flows For the Year Ended December 31, 2021 ($ in thousands) Cash flows from operating activities nces Net cash flows from operating activities S 0