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 Gain on disposal of property $49,300 1,240 Depreciation expense 11,575 Other items involving noncash expenses 1,385 Balance sheet data: Increase in accounts receivable 1,790 Decrease in inventory 965 Increase in prepaid expenses 610 Decrease in accounts payable 665 Decrease in accrued and other current liabilities 1,040 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