Cash Flows from Operating Activities--Indirect Method 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 Loss on disposal of property Depreciation expense Other items involving noncash expense Balance sheet data (in thousands): Increase in accounts receivable Increase in inventory Increase in prepaid expenses $149,774 (149) 13,226 837 13,041 7,565 10,548 Increase in accounts payable and other current liabilities 17,464 a. 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 Cash flows from (used for) operating activities: (in thousands) Adjustments to reconcile net income to net cash flows from (used for) operating activities: Changes in current operating assets and liabilities: Check My Work Previous Next >