Ex 13-16 Cash flows from operating activities-indirect method Obj. 2 Selected data (in thousands) derived from the income statement and balance sheet of National Beverage Corp. for a recent year are as follows: EXCEL TEMPLATE REAL WORLD Income statement data: Net income Gain on disposal of property Depreciation expense Other items involving noncash expenses $49,311 1,188 11,580 1,383 Balance sheet data: Increase in accounts receivable Decrease in inventory Increase in prepaid expenses Decrease in accounts payable Decrease in accrued and other current liabilities 1,746 990 605 710 995 A. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method for National Beverage Corp. B. Interpret your results in part (A)