Statement #$3$: One way to interpret the change in Cold Goose$$s accounts receivable balance from Year $1$ to Year $2$ is that more customers purchased new items on credit rather than paying off existing credit accounts.

This statement is $,$ because:

The change from $$4,950$ million to $$6,187$ million reflects a net accumulation of new credit sales.

The decrease from $$2,109$ million to $$1,688$ million implies a net decrease in accounts receivable and that more customers are paying off their receivables balances than are buying on credit.

The $$421$ million increase in accounts receivable means either that Year $1$s existing credit customers are not paying off their owed balances and new or existing customers are making additional purchases on credit, or that Year $1$s credit customers have repaid their owed balances and Year $2$ credit sales have exceeded Year $1$s credit sales.