Selected data derived from the income statement and balance sheet of Jones Soda Co. for a recent year are as follows:
Income statement data (in thousands):
- Net earnings $ (10,547)
- Losses on inventory write-down and fixed assets 2,248
- Depreciation expense 811
- Stock based compensation expense (noncash) 727
Balance Sheet data (in thousands):
- Decrease in Accounts Receivable 364
- Decrease in inventory 210
- Decrease in prepaid expenses 206
- Decrease in accounts payable (165)
- Decrease in accrued liabilities (1,117)
Prepare the Cash Flows from Operating activities section of the statement of cash flows using the indirect method for Jones Soda Co. for the year.