Cash Flows from Operating Activities-Indirect Method Selected data on 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 Gain on disposal of property $49,330 1,210 Depreciation expense 11,575 Other items involving noncash expenses 1,380 Balance sheet data: Increase in accounts receivable 1,795 Decrease in inventory 990 Increase in prepaid expenses 585 Decrease in accounts payable 695 Decrease in accrued and other current habilities 1,045 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 froms Operating Activities (in thousands) Cash flows from (used for) operating activities Adjustments to reconcile net income to net cash flow from operating activities Previous Next (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 abilities: 00000 0000 Net cash now from operating activities b. The company has [ earnings and D net cash flow from operating activities. The increase in accounts receivable indicates a(n)) Overal, National beverage is doing addition, the company is using its cash to decrease its accounts payable balance, which indicates that the company I Cine In nuncally