Cash Flows from Operating Activities-Indirect Method Selected data (in thousands) derived from the income statement and balance sheet of National Beverage Corp. for a recent year are as follows: Income statement data: Net income $49,305 Gain on disposal of property 1,140 Depreciation expense 11,575 Other items involving noncash expenses 1,370 Balance sheet data: Increase in accounts receivable 1,700 Decrease in inventory 955 Increase in prepaid expenses 635 Decrease in accounts payable 700 Decrease in accrued and other current liabilities 950 a. Prepare the "Cash flows from operating activities" section of the statement of cash flows, using the indirect method for National Beverage Corp. Use the minus sign to indicate cash outflows, 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: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: I ll lll Net cash flow from operating activities b. The company has a(n) earnings and net cash flow from operating activities. The increase in accounts receivable indicates in sales. In addition, the company is using its cash to decrease its accounts payable balance, which indicates that the company is . Overall, National Beverage is doing financially