Question

Below are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount (Input all amounts as positive values):

COUNTRY KETTLES, INC. Balance Sheets
	2016			2017
Assets
Cash	$	31,500		$	30,700
Accounts receivable		71,000			74,200
Inventories		61,900			64,250
Property, plant, and equipment		158,000			169,000
Less: Accumulated depreciation		46,800			51,000
Total assets	$	275,600		$	287,150
Liabilities and Equity
Accounts payable	$	46,000		$	48,200
Accrued expenses		7,380			6,500
Long-term debt		26,700			29,650
Common stock		27,000			32,100
Accumulated retained earnings		168,520			170,700
Total liabilities and equity	$	275,600		$	287,150

Answer 1

ANSWER IN THE IMAGE. FEEL FREE TO ASK ANY DOUBTS. THUMBS UP PLEASE.