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 $49,260 1,240 Gain on disposal of property Depreciation expense Other items involving noncash expenses 11,545 1,390 Balance sheet data: 1,760 1,000 Increase in accounts receivable Decrease in inventory Increase in prepaid expenses Decrease in accounts payable Decrease in accrued and other current liabilities 625 690 965 a. Prepare the "Cash flows from operating activities" section of the statement of cash flows, using the indirect method for National Beverage C adjustments. Enter the amounts in thousands of dollars, as shown above. National Beverage Co. Cash Flows from Operating Activities (in thousands) Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flow from operating activities: 1,200 Balance sheet data Increase in accounts receivable Decrease in inventory Increase in prepade Decrease in accounts payable Decrease in accrued and other current liabilities 1,000 965 Prepare the Cashflows from eating this section of the statement of cash flows, using the Indirect method for at Beverage Core the mission to indicate chat, chat, decrease in cash, or any adjustments Enter the mounts in the sands of dollars, as shown above National Beverage Cash Flows from Operating Activities (in thousands) Cash flows from (used for) perting activities Adjustments to reconcile net income to net cash flow from operating active Changes in current operating assets and liabides O 011 III. Net cash flow from operating activities sales son the cash to b. The company has camnings and decrease its accounts payable balance, which indicates that the company is et cash flow from operating activities. The increase in courts recettes Overall, National Beverage is doing