Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises.   TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue               $ 7,840     Operating expenses:                       Cost of goods sold   $ 3,500                 Depreciation expense     380                 Insurance expense     240                 General and administrative expense     1,940                 Total operating expenses                 6,060     Income before income taxes                 1,780     Income tax expense                 (740 )   Net income               $ 1,040     Balance Sheet Information ($ in thousands) Dec. 31,2021   Dec. 31, 2020 Assets:                       Cash   $ 440         $ 340     Accounts receivable     890           970     Inventory     780           740     Prepaid insurance     120           90     Equipment     2,800           2,500     Less: Accumulated depreciation     (1,120 )         (740 )   Total assets   $ 3,910         $ 3,900     Liabilities and Shareholders' Equity:                       Accounts payable   $ 440         $ 500     Accrued liabilities (for general & administrative expense)     440           540     Income taxes payable     340           290     Notes payable (due 12/31/2022)     940           740     Common stock     1,040           940     Retained earnings     710           890     Total liabilities and shareholders' equity   $ 3,910         $ 3,900         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.)

Oriole Company's income statement contained the following condensed information ORIOLE COMPANY Income Statement For the Year Ended December 31, 2022 Service revenue Operating expenses, excluding depreciation $624.500 Depreciation expense Loss on disposal of plant assets Income before income taxes Income tax expense Net income Accounts receivable Accounts payable Income taxes payable 2022 $74,400 40.300 Oriole's balance sheets contained the comparative data at December 31, shown below. 12.900 2021 54,600 $61000 27.000 6.400 24.100 $972,000 703,200 268,800 40,100 $228.700 Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a-sign e.g.-15.000 or in parenthesis e.g. (15.000))

Data for Kahn, Inc. follows:                                          Kahn, Inc. Comparative Income Statement   Years Ended Dec. 31, 2019 and 2018                                                      2019           2018 Net Sales Revenue                                       550,000       500,000    Expenses:                                                      Cost of Goods Sold                                      245,000       220,000 Selling and Administrative Expenses            100,000       96,000      Other Expenses (Interest Expense)                12,000         9,000       Income Tax Expense                                       58,000       47,000 Total Expenses                                                415,000     372,000 Net Income                                                    135,000      128,000   Prepare a horizontal analysis of the comparative income statement of Kahn, Inc. (Round to one decimal place.)

The income statement of Price Ltd for the year ended 31 December 2020, reported the following condensed information: Revenue from fees                                    $600,000 Operating expenses              360,000 Income from operations      240,000 Income tax expense              60,000 Net income                                                                      $180,000   Price's balance sheet contained the following comparative data at December 31:                                                  2020                                     2019 Accounts receivable       $50,000                               $45,000 Accounts payable           35,000                                   41,000 Income taxes payable    6,000                                       3,000   Price has no depreciable assets. Accounts payable pertains to operating expenses.     Required: (a) Calculate: Cash receipts from customers.  Cash payments for operating expenses.  (b) Prepare the operating activities…