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Chapter 13 Homework block Grows from Operating Activities--noirect Method Selected data in thousanda) derived from the income statement and balance sheet of National Beverage Corp. for a recent year are as follows: $49,295 1,160 11.625 1.415 Income statement data: Net income Gam on disposal of property Depreciation expense Other items involving soncash expenses Balance sheet datat Increase in accounts receivable Decrease in inventory tocrease in prepaid expenses Decrease in accounts payable Decrease in accrued and other current abilities 1,725 1,035 590 705 1,045 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 (in thousands) Cash flows from used for) operating activities Net Income Austments to reconcile e come to cash flow from operating activities Depreciation Decrease in accounts receivable x Next Check My Work National Beverage Co. Cash Flows from Operating Activities (in thousands) Cash flows from (used for) operating activities: Net Income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Decrease in accounts receivable x Decrease in accounts receivable x Changes in current operating assets and liabilities: Increase in accounts receivable DI001 III 0 Loss on Inventory write down and fixed assets X Decrease in prepaid expenses X Stock-based compensation expense (noncash) x Increase in accrued and other current liabilities X Net cash flow from operating activities