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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
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 $ 36,740 $ 35,719 Accounts receivable 84,583 88,746 Inventories 73,568 77,121 Property, plant, and 181,340 190,188 equipment Less: Accumulated 55,300 60,381 depreciation Total assets $ 320,931 $ 331,393 Liabilities and Equity Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings $ 59,863 $ 61,350 7,599 6,815 30,976 33,800 19,000 23,000 $203,493 $206,428 Total liabilities and equity $ 320,931 $ 331,393 Item Source/Use Amount Cash Accounts receivable Inventories Property, plant, and equipment Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings
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