assuming my calculations are right did i do this sources and uses statement right? the answers highlighted.

G Week 2 Changes 29,200 43,100 (12.500) 59,800 0 61.000 2,300 0 1.400 121,700 1 Chapter 1 Problem 14 2 3 Week 2 Exercise Prepare a sources and uses statement for Whistler Corp. for fiscal year 2017, 4 Week 3 Exercise Prepare a cash flow staternent for Whistler Corp. for fiscal year 2017, 5 6 WHISTLER CORP. 7 BALANCE SHEET 8 2016 2017 9 Cash $47,500 $76,700 10 Accounts receivable 0 43,100 Inventories 49,000 36,500 12 Total current assets 96,500 156,300 13 Land 15,800 15,800 14 Buildings 103,600 164,600 15 Equipment 63,200 65,500 16 Patents 5.200 3,200 17 Less: Accumulated depreciation 10,800 12,200 18 Total assets 273,500 395,200 19 20 Accounts payable to suppliers 48,000 25,900 21 Income taxes payable 0 10.700 22 Total current liabilities 48,000 36,600 23 Long term debt 100,100 134,000 24 Total liabilities 148,100 170,600 25 Shareholders' equity 26 Common stock 125,400 177,400 27 Retained earnings 0 47,200 26 Total shareholders' equity 125,400224,600 29 Total liabilities and shareholders' equity 273,500 395,200 30 31 INCOME STATEMENT 12 2017 Sales 163,300 34 Cost of goods sold 46,200 35 Depreciation expense 1.400 36 Net interest expense 2,000 37 Other expense 5,600 Income before taxes 110,100 39 Provision for income taxes 40.900 AR (22.100) 10,700 33,900 32,000 47.200 FA lo S a. Sources and Uses Statement: Week 2 Sources of cash Reduction in inventories Increase in accumulated depreciation Increase in taxes payable Increase in long-term debt Increase in common stock Increase in retained earnings Total sources of cash -12,500 1,400 10,700 33,900 52,000 47,200 132,700 00 00 00) DO 0 00 00 0 00 00 Uses of cash Week 2 Increase in cash Increase in accounts receivable Increase in buildings Increase in equipment Reduction in accounts payable Total uses of cash 29,200 43,100 61,000 2,300 (22,100) 113,500 00)