Refer to the financial statements from Under Armour$$s $2015$ Annual Report. Show your work and any assumptions you made in answering the questions $($where applicable$).$ Ignore taxes unless stated otherwise.Under Armour invests $$48$ million in a new manufacturing facility for clothing production. Under Armour expects the useful life of the facility to be $5$ years and the salvage value to be $$8$ million$\mathrm{.}2.$ Use the Balance Sheet Equation $($BSE$)$ to record any other transactions Under Armour records related to the new facility during the next fiscal year ending $12/31/2016($In thousands, except share data$)$

Assets

Current assets

Cash and cash equivalents

Accounts receivable, net

Inventories

Prepaid expenses and other current assets

Deferred income taxes

Total current assets

Property and equipment, net

Goodwill

Intangible assets, net

Deferred income taxes

Other long term assets

Total assets

Liabilities and Stockholders' Equity

Current liabilities

Accounts payable

Accrued expenses

Current maturities of long term debt

Other current liabilities

Total current liabilities

Long term debt, net of current maturities

Revolving credit facility, long term

Other long term liabilities

Total liabilities