. During 20Y8, Birch Inc. reported net income of $18,000 and paid $17,400 of cash dividends. Birch's beginning and ending balance sheets for 20Y8 are as follows:

Balance Sheet

January 1

December 31

Assets:

Cash

$ 12,200

$ 20,400

Accounts receivable

8,400

10,100

Inventory

38,600

39,700

Property, plant, & equipment

135,500

144,050

Less accumulated depreciation

(95,200)

(102,300)

$ 99,500

$ 111,950

Liabilities and stockholders' equity:

Accounts payable

$ 9,500

$ 14,550

Accrued salaries payable

12,100

15,500

Other accounts payable

6,300

1,200

Notes payable

7,500

1,500

Long-term debt

31,400

34,900

Deferred income taxes

3,200

5,700

Common stock

17,800

26,300

Retained earnings

11,700

12,300

$ 99,500

$ 111,950

a.What are Birch's total sources of cash during 20Y8?

b.What are Birch's total uses of cash during 20Y8?

c. Does the difference between sources and uses of cash agree with the change in the cash balance during 20Y8?