Required information [The following information applies to the questions displayed below] Pine Fair, LP (Limited Partnership), is one of the largest regional amusement park operators in the world, owning 11 amusement parks, two water parks, and four hotels. The parks include Pine Point In Ohio; Valleyfair near Minneapolis/St. Paul: Domey Park and Wildwater Kingdom near Allentown, Pennsylvania; Worlds of Fun in Kansas City, Great America in Santa Clara, California, and Canada's Wonderland near Toronto, Canada, among several bthers. The following are summarized transactions similar to those that occurred in a recent year Dollars are in thousands a. Guests at the parks paid $661.042 cash in admissions. b. The primary operating expenses for the year were employee wages of 485.416, with $453,630 paid in cash and the rest to be paid to employees in the following year. c Pine Fair paid $51,000 principal on long-term notes payable. d. The parks sells merchandise in park stores. The cash received during the year for sales was $417.693. The cost of the Inventory sold during the year was $105.057 R. Pine Fair purchased and built additional rides and other equipment during the year, paying $101,890 in cash 1 Guests may stay in the parks at accommodations owned by the company. During the year, accommodations revenue was $93,394: $91,606 was paid by the guests in cash and the rest was owed on account g. Interest incurred and paid on long-term debt was $179,326. h. The company purchased $167,031 in inventory for the park stores during the year, paying $135,031 in cash and owing the rest on account 1. Advertising costs for the parks were $159,926 for the year: $148.344 was paid in cash and the rest was owed on account Pine Fair paid $14.200 on accounts payable during the year. 2. For the transactions below. Indicate how the transactions will affect the statement of cash flows, Cash outflows should be d. The parks sells merchandise in park stores. The cash received during the year for sales was $417,693. The cost of the Inventory sold during the year was $105,057. e. Pine Fair purchased and built additional rides and other equipment during the year, paying $101,890 in cash Guests may stay in the parks at accommodations owned by the company. During the year, accommodations revenue was $93.394; $91,605 was paid by the guests in cash and the rest was owed on account g. Interest Incurred and paid on long-term debt was $179,326. h. The company purchased $167,031 In Inventory for the park stores during the year, paying $135,031 in cash and owing the rest on account L Advertising costs for the parks were $159,926 for the year, $148,344 was paid in cash and the rest was owed on account J. Pine Fair paid $14,200 on accounts payable during the year. 2. For the transactions below, Indicate how the transactions will affect the statement of cash flows. Cash outflows should be entered as negative amounts. The first transaction is provided as an example. If there is no effect on the statement of cash flows, select "No effect". Enter your answers in thousands, not in dollars. Cash outflows should be indicated with a minus sign) Transaction Type of Activly Effect on Cash Flows 601,042 Operating b. C d t O F