2024 Income Statement and Balance Sheet for Tiger Enterprises -

Presented below is the 2024 income statement and comparative balance sheet information for Tiger Enterprises. TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2024 ($ in thousands) Sales revenue Operating expenses: Cost of goods sold $ 3,?00 Depreciation expense 2?0 Insurance expense 250 General and administrative expense 2,100 Total operating expenses Income before income taxes Income tax expense Net income . . December 31 Balance Sheet Information ($ in thousands) 2024 Assets: Cash $ 360 Accounts receivable ?65 Inventory 685 Prepaid insurance 80 Equipment 2,400 Less: Accumulated depreciation (900) Total assets $ 3:390 Liabilities and Shareholders' Equity: Accounts payable $ 315 Accrued liabilities (for general & administrative expense) 315 Income taxes payable 215 Notes payable (due 12/31/2025) 980 Common stock 960 Retained earnings 605 Total liabilities and shareholders' equity $ 3,390 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). Note: Enter your answers in thousands. Amounts to be deducted should be