You are required to complete the following:

$$ Prepare Tiger Enterprises' statement of cash flows, using the indirect method to present cash flows from operating activities. $($Hint: You will have to calculate dividend payments.$)$

$$ Prepare the cash flows from operating activities section of Tiger Enterprises' $2011$ 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. $($Hint: Use T$-$accounts for the pertinent items to isolate the information needed for the statement.$)$

Below is the $2011$ income statement and comparative balance sheet information for Tiger Enterprises.