Selected data derived from the income statement and balance sheet of Jones Soda Co. for a recent year are as follows:

a. Prepare the Cash Flows from Operating Activities section of the statement of cash flows using the indirect method for Jones Soda Co. for the year.
b. Interpret your results in part(a).

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Income statement data (in thousands): Net earnings Depreciation expense Stock-based compensation expense (noncash) $4,574 256 1,196 Balance sheet data (in thousands): Increase in accounts receivable $3,214 1,089 Increase in inverntory Increase in prepaid expenses Increase in accounts payable 566 1,891