There are no results for selected data derived from the income statement and balance sheet of jones soda co. for a recent year are as follows: income statement date in thousands: net earnings 1,330 depreciation expense 193 stock based compensation expense (noncash) 20 balance sheet date ( in thousands): increase in accounts receivalbe 1,328 increase in inventory 1,550 increase in prepaid expenses 124 increase in accounts payable 686
a. 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.
b. interpret your results in part a.