Presented below is the 2018 income statement and comparative balance sheet information for Tiger Enterprises.

TIGER ENTERPRISES
Income Statement
For the Year Ended December 31, 2018
($ in thousands)
Sales revenue								$	10,000
Operating expenses:
Cost of goods sold		$	4,000
Depreciation			300
Insurance			400
Administrative and other			2,400
Total operating expenses									7,100
Income before income taxes									2,900
Income tax expense									1,160
Net income								$	1,740
Balance Sheet Information ($ in thousands)	Dec. 31,2018						Dec. 31, 2017
Assets:
Cash		$	420					$	260
Accounts receivable			780						890
Inventory			730						660
Prepaid insurance			110						50
Plant and equipment			2,700						2,100
Less: Accumulated depreciation			(960	)					(660	)
Total assets		$	3,780					$	3,300
Liabilities and Shareholders' Equity:
Accounts payable		$	330					$	420
Payables for administrative and other expenses			330						460
Income taxes payable			230						210
Note payable (due 12/31/2019)			1,160						900
Common stock			1,020						860
Retained earnings			710						450
Total liabilities and shareholders' equity		$	3,780					$	3,300

Required: Prepare Tigers statement of cash flows, using the indirect method to present cash flows from operating activities. (Hint: You will have to calculate dividend payments).