Cash flows from operating activities

Selected data derived from the income statement and balance sheet of National Beverage Co. for a recent year are as follows:

Income statement data (in thousands):
Net income	$146,548
Loss on disposal of property	(130)
Depreciation expense	13,207
Other items involving noncash expense	806
Balance sheet data (in thousands):
Increase in accounts receivable	12,682
Increase in inventory	7,456
Increase in prepaid expenses	10,948
Increase in accounts payable and other current liabilities	17,179

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.

Open spreadsheet

1. Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method for National Beverage Co. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Enter the amounts in thousands of dollars, as shown above.

   National Beverage Co.
   Cash Flows from Operating Activities
   (in thousands)
   Cash flows from (used for) operating activities:
   Net income		$fill in the blank 3
   Adjustments to reconcile net income to net
   cash flows from (used for) operating activities:
   	fill in the blank 5
   	fill in the blank 7
   	fill in the blank 9
   Changes in current operating assets and liabilities:
   	fill in the blank 11
   	fill in the blank 13
   	fill in the blank 15
   	fill in the blank 17
   Net cash flows from operating activities		$fill in the blank 18