Presented below is the current year income statement and comparative balance sheet information for a companyA CompanyIncome StatementFor the Year Ended December $31,$ Current Year $($s in thousands$)$edSales revenueOperating expenses:Cost of goods soldDepreciation expenseInsurance expenseGeneral and administrativeTotal operating expensesexpenseIncome before income taxesIncome tax expenseNet income$ $13\mathrm{.}000$$ $4,6003607003,000$Balance Sheet InformationAssets:CashAccounts receivableInventoryPrepaid insuranceEquipmentLess: Accumulated depreciationTotal assetsLiabilities and Shareholders Equity:Accounts payableAccrued liabilities $($for general &Income taxes payableadministrative expense$)$Notes payable $($due $12/31/$NextCommon stockYearRetained earningsTotal liabilities shareholders equityDecember $31,$ Current Year$18,6604,340(1,736)$$ $2,604$December $31,$Previous Year$ $5408107501703,300(1,080)$$ $4\mathrm{.}498$$ $3209507201892,400(720)$$ $3,750$$ $3603602901,3001,0201,160$$ $4,490$$ $480520270950920$Required:$ $3,750$Prepare the company'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 indicated with a minus sign.