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Please fill in the blanks. Thank you! Below are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item
Please fill in the blanks. Thank you!
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 earningsStep by Step Solution
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