Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. 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 For the Year Ended December 31, 2021 ($ in thousands) TIGER ENTERPRISES Income Statement Total assets Liabilities and Shareholders' Equity: Accounts payable Accrued liabilities (for general & administrative expense) Income axes payable Notes payable (due 12/31/2022) Common stock Retained earnings Total liabilities and shareholders' equity Cash flows from operating activities: TIGER ENTERPRISES Statement of Cash Flows For the Year Ended December 31, 2021 ($ in thousands) $3,360 240 100 1,800 Dec. 31, 2021 $ 300 750 640 50 $ 2,100 (840) $3,000 300 300 200 800 900 500 $3,000 $ 7,000 5,500 1,500 (600) 900 $ Dec. 31, 2020 $ 200 830 600 20 1,800 (600) $ 2,850 $ Required: Prepare Tiger's statement of cash flows, using the indirect method to present cash flows from operating activities. (Hint. You will have to calculate dividend payments). (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) 360 400 150 600 800 540 $ 2,850

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