Instructions Amount Descriptions Statement of Cash Flows-Operating Activities Final Question Instructions 2 Net Income $49,311.00 1,188.00 4 11,580.00 5 1,383.00 3 Gain on disposal of property Depreciation expense Other items involving noncash expense 6 Balance sheet data in thousands): Increase in accounts receivable & Decrease in inventory Increase in prepaid expenses 10 Decrease in accounts payable and other current liabilities 7 1,746.00 990.00 9 605.00 1,705.00 Required: A. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method for National Beverage Co. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outfiows, cash payments, decreases in cash and for any adjustments, it required. B. Interpret your results in part (a). I Previou Instructions Amount Descriptions Amount Descriptions Amortization of intangible assets Decrease in accounts payable and other current liabilities Decrease in accounts receivable Decrease in inventory Depreciation expense Gain on disposal of property Gains on fixed assets Increase in accounts payable and other current liabilities Increase in accounts receivable Increase in prepaid expenses Net cash flow from operating activities Net cash flow used for operating activities Net income Other items involving noncash expense eck My Work All work saved. eBook Calculator Statement of Cash Flows-Operating Activities Prepare the Cash Flows from Operating Activities section of the statement of cash Rows, using the indirect method for National Beverage Co. Refer to the Amount Descriptions ist provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, ir required National Beverage Co. Cash Flows from Operating Activities (in thousands) 1 Cash flows from operating activities: 2 3 Adjustments to reconcile net income to net cash flow from operating activities: 4 S 6 7 Changes in current operating assets and liabilities: 9 10