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: 

Transcribed Image Text:

COUNTRY KETTLES, INC. Balance Sheets 2016 2017 Assets Cash Accounts receivable $ 36,740 $ 35,719 88,746 84,583 Inventories 73,568 77,121 Property, plant, and equipment 181,340 190,188 Less: Accumulated depreciation 55.300 60.381 Total assets Liabilities and Equity $320,931 $331,393 |Accounts payable Accrued expenses Long-term debt Common stock $ 59,863 $ 61,350 7,599 6,815 30,976 33,800 19,000 23,000 Accumulated retained earnings Total liabilities and equity 203.493 206.428 $320,931 $331,393