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Sources and Uses Following are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item is a source or

Sources and UsesFollowing 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.

COUNTRY KETTLES, INC. Balance Sheet (In $ thousands)

2016

2017

Assets

Cash

$ 59,430

$ 64,510

Accounts receivable

148,210

140,320

Inventories

126,385

135,840

Property, plant, and equipment

375,840

416,360

Less: Accumulated depreciation

99,610

121,830

Total assets

$610,255

$635,200

Liabilities and Equity

Accounts payable

$ 97,100

$ 95,360

Accrued expenses

18,740

19,610

Long-term debt

71,340

65,250

Common stock

60,850

64,700

Accumulated retained earnings

362,225

390,280

Total liabilities and equity

$610,255

$635,200

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