Blue Hamster Manufacturing Inc. Balance Sheet for Year Endina naranha. ar waiu. Given the information in the preceding batance sheet-and assuming that Blue Hainster Monufacturng Inc. has 50 million shares of common stock outstanding-read each of the foliowing statements, then identify the seiection that best interprets the information conveyed by the balance sheet. This statement is because: Total Imventories of row materials, work-in-process, and final goods decreased by $9%0 millon between Year 1 and year 2 The aceruals balance decreased by $234 millibi between Years 1 and 2 Total inventories of rew materials, work-in-process, and final goeds increased from $3,960 milion to 34,950 milish betheen Year 1 and vear 2 Statement * 2: Over the past two years, Blue Hamster Manufacturing Inc. Fias reiled more on the use of short-term debt than on longterm debt financing. This statement is because: Blue Hamster's tatal notes payable increased by $78 milion, while its common stock account increased by $2.438m, Blue Hamster's total current liablities decreased by $312 milion, while its long-term debt account decreased by $933 milion Blue Hamster's total current babilities increased by $312 millon, while its use of long-term debt increased by $938 millon