Sources and Use s Here 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:

COUNTRY KETTLES, INC.

Balance Sheet 2011 2012 Assets Cash $ 48,180 $ 45,815 Accounts receivable 100,155 105,413 Inventories 83,600 89,716 Property, plant, and equipment 225,992 249,086 Less: Accumulated depreciation (77,194) (85,579)

Total assets $380,733 $404,451 Liabilities and Equity Accounts payable $ 72,522 $ 50,396 Accrued expenses 10,980 9,840 Long-term debt 49,500 45,000 Common stock 25,000 30,000 Accumulated retained earnings 222,731 269,215 Total liabilities and equity $380,733 $404,451