Selected data derived from the income statement and balance sheet of Jones Soda Co. for a...
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 Income |
$(10,547) |
|
Losses on inventory write down and fixed assets |
2,248 |
|
Depreciation expense
|
811 |
|
Stock based compensation expense (non-cash item) |
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 Jonas Soda Co. for the year.
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