Refer to Panera Bread's statement of cash flows for the year ending December 31, 2015.

Required

1. What are the largest sources and uses of cash revealed in the Financing Activities category of the statement of cash flows?

2. What was the amount of dividends paid to stockholders during the period?

3. The Financing Activities section indicates a large negative amount for the repurchase of stock, presumably as treasury stock. When treasury stock is purchased, what is the effect on the accounts of the balance sheet?