Cash IsKing inc Cash Is King lnc-, a calendar year-end SEC registrant, is a leading automotive retail and service chain. The company operates esdusively in the automotive aftermarket industry and is engaged pia'ncipally in the retail sale of antomotiye parts, tires, and accessories, automotive repairs and maintenance, and the installation of parts. The Company's liquidity and capital requiremuts are primarily a function of its working capital needsr capital espenditures, and debt service requirements- The Company has me following transactions forthe current year. 1. Acquisition of Property, Plant, and Equipment on Account On December 1 5th, the Company incurred 52D mlion of capital espenditures related to the acquisition of maniifacturmg equipment and machinery. The terms ofthe inyoice are 2313515, net 31]. The amounts were unpaid as of year-end (Le, included in die accounts payable halance]. ne Company intends to pay the invoice in early January, in accordance with the terms of me invoice. 1. Insurance Settlement Proceeds Cash Is King inc- has a warehouse and sales ofce in the Gulf Coast Region. The damage caused by Hurricane William [Hurn'cane], a Category 3 hurricane, has rendered the wardiouse inoperable andhas also forced the companyto rent temporary ofce space in Houston to accommodate its sales force. e Company reached a settlement with its insurance carrier related to the damage from die hurricane and received proceeds of 315 million from its insurance carrier in coonecLion with its claim for reimbursement The Company plans to use the insurance proceeds to fund its dened-benet pension plan, rather than to rebuild the destroyed facility. 3. Sale ofcconuts Receivable The Company sells undivided interests in designated pools of qualied accounts receivable to a secm'itiration vehicle. The Company utilizes securitiaation as a \"nancing technique\" {e-g., to reduce more expensive bani: debt the interest rates the company obtains on notes issued by the qualifying special purpose entity are lcrwerthan the company could get on its own bank debt]- The Company serl."ices, administers and collects the receivables on behalf ofthe purchaser. The agreement includes certain covenann and provides for various events of termination The agreement also requires mat proceeds from securitjzation he used to pay down Company debL During the curr-t year, Ell. million ofreceiyahles generated from sales ofthe Company's inventory were sold under the agreement, and, therefore, are notreected in the accourus receivable halance in the Company's halanc e sheet. Required: Determine the appropriate cash ow statement treatment classification and t'oning, if applicable, for the ahoye transactions