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CashKing Corporation Consolidated Balance Sheet (in thousands) December 31tI, Year 2 December 31x, Year 1 Assets: Current Assets: begin{tabular}{lrr} Cash and Cash Equivalents & $92,069

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CashKing Corporation Consolidated Balance Sheet (in thousands) December 31tI, Year 2 December 31x, Year 1 Assets: Current Assets: \begin{tabular}{lrr} Cash and Cash Equivalents & $92,069 & $72,634 \\ Accounts Receivables, net & 55,947 & 75,492 \\ Inventories & 50,784 & 53,129 \\ Prepaid Expenses & 12,112 & 13,057 \\ Total Current Assets & 210,912 & 214,312 \\ Equipment & 145,444 & 134,312 \\ Less: Accumulated Depreciation & (50,515) & (36,689) \\ Total Assets & $305,841 & $311,935 \end{tabular} Liabilites and Stockholders' Equity. \begin{tabular}{lrr} Current Liabilities: & \\ Accounts Payable & $25,466 & $34,879 \\ Accrued Liabilities & 40,574 & 40,722 \\ Total Current Liabilities & 66,040 & 75,601 \\ Long-term Debt & 10,422 & 10,206 \\ Total Liabilities & 76,462 & 85,807 \\ Stockholders' equity & & \\ Contributed Capital & 1,662 & 1,284 \\ Retained Earnings & 227,717 & 224,844 \\ Total Stockhoiders' Equity & 229,379 & 226,128 \\ Total Liabilities and Stockholders' Equity & $305,841 & $311,935 \end{tabular} Other Assumptions: - The company declared and paid dividends in the amount of $3,564 during the year ended December 31, Year 2. - CashKing Corporation did not sell any equipment or repay any borrowings during the year ended December 31, Year 2. INSTRUCTIONS: 1. Compute the change in balance sheet accounts from end of year 1 to end of year 2. 2. For your answers in \#1, determine whether the change is an operating, investing or financing activity. 3. For your answers in \#1, determine if they will increase or decrease cash. 4. What would be the total of cash flows from: a. Operations b. Investing c. Financing

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