Selected data derived from the income statement and balance sheet
Selected data derived from the income statement and balance sheet of Jones Soda Co. for a recent year are as follows:
Income statement data (in thousands):
Net earnings (loss) ............. .. $(6,106)
Losses on inventory write-down and fixed assets.... 379
Depreciation expense.............. 799
Stock-based compensation expense (noncash)..... 830
Balance sheet data (in thousands):
Increase in accounts receivable ........... 278
Decrease in inventory .............. 1,252
Decrease in prepaid expenses ............ 131
Decrease in accounts payable ............. 472
a. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method for Jones Soda Co.
b. Interpret your results in part (a)

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