EX 13-16 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 $49,311 Gain on disposal of property 1,188 Depreciation expense 11,580 Other items involving noncash expenses 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. (Use ( ) to denote an amount being subtracted) b. Interpret your results in part (a). Part a: Cash flows from (used for) operating activities: Net income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Gain on disposal of property Other items involving noncash expenses Changes in current operating assets & liabilities Increase in accounts receivable SSS S $ Decrease in inventory Increase in prepaid expenses Decrease in accounts payable Decrease in accrued and other current liabilities Net cash flow from operating activities Part b: Type answer here. $ $ $ 58020