Its just a one question. Please do your best to answer correctly. Thank you in advance.

Saved Help Save & Exit Check my $16,000 TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue Operating expenses: Cost of goods sold $ 5,200 Depreciation expense 420 Insurance expense 1,000 General and administrative expense 3,600 Total operating expenses Income before income taxes Income tax expense Net income Balance Sheet Information ($ in thousands) Dec. 31, 2021 Assets: Cash $ 660 Accounts receivable 840 Inventory 840 Prepaid insurance 150 Equipment 3,400 Less: Accumulated depreciation (1,200) Total assets $ 4,690 Liabilities and Shareholders' Equity: Accounts payable 390 Accrued Liabilities for general & administrative expense) 390 Income taxes payable 370 Notes payable (due 12/31/2022) 1, 160 Common stock 1, 140 Retained earnings 1,240 Total liabilities and shareholders equity $4,690 10,220 5, 780 (2,312) $ 3,468 Dec. 31, 2020 $ 380 1,010 780 45 2,700 (780) $ 4,135 $ 540 580 330 850 980 855 $ 4,135 Check my work 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.) TIGER ENTERPRISES Statement of Cash Flows For the Year Ended December 31, 2021 (5 in thousands) Cash flows from operating activities: Adjustments for noncash effects: Changes in operating assets and liabilities: Net cash flows from operating activities $ $ 0 0 Net cash flows from operating activities Cash flows from investing activities: 0 Net cash flows from investing activities Cash flows from financing activities: 0 Net cash flows from financing activities Net increase in cash Cash, January 1 Cash, December 31 $ 0