IFRS financial statements.

E $4-20$

Statement of cash

flows, indirect

method

LO$4-8$

Presented below is the $2024$ income statement and comparative balance sheet information for Tiger Enterprises.

TIGER ENTERPRISES

Income Statement

For the Year Ended December $31,2024$

Doc. $31,2024$

Balance Sheet Information $($$ 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 & admin. expense$)$

Income taxes payable

Notes payable $($due $12/31/2024)$

Common stock

Retained earnings

Total liabilities and shareholders' equity

Required:

Prepare Tiger's statement of eash flows, using the indirect method to present cash flows from operating activi$-$

ties. $($Hint: You will have to calculate dividend payments$).$