Cash flows from $($used for$)$ operating activities$-$indirect method

Selected data $($in thousands$)$ derived from the income statement and balance sheet of Cardinas Corp. for a recent year are as follows:

Income statement data:

above.

Cardinas Corp.

Cash Flows from Operating Activities

$($in thousands$)$

Line Item Description

Amount Amount

Cash flows from $($used for$)$ operating activities:

Net income $$

Adjustments to reconcile net income to net cash flows from $($used for$)$ operating activities:

Depreciation $$

Gain on disposal of property $$

other items involving noncash expenses $$

Changes in current operating assets and liabilities:

Increase in accounts receivable $$

Decrease in inventory $v$

Increase in prepaid expenses $$

Decrease in accounts payable $$

Decrease in accrued and other current liabilities $$

$