The company reported an Income Tax Payable, net of ($1,186) in the previous fiscal year (this was actually shown on the balance sheet as a income tax receivable). Using this value, reconcile the Income Tax Payable account to show how the account changed from ($1,186) to $4,623 in the current fiscal year. You should probably consider the entry you made in part B, above, as part of your reconciliation.

	2021			2020
Assets
Current assets:
Cash and cash equivalents		$	123,177		$	19,923
Short-term investment securities						27,562
Inventory			103,845			138,258
Prepaid and other current assets			17,420			14,278
Income tax receivable						1,186
Total current assets			244,442			201,207
Property and equipment, net of accumulated depreciation			63,514			64,985
Operating lease right of use assets			179,673			169,854
Long-term investment securities						15,675
Deferred income taxes			6,195			6,669
Other assets			769			755
Total assets		$	494,593		$	459,145

Liabilities and Stockholders Equity
Current liabilities:
Accounts payable		$	84,832		$	79,596
Operating lease liabilities			46,983			42,944
Accrued expenses			16,592			14,755
Accrued compensation			29,315			13,013
Income tax payable			4,623
Layaway deposits			500			554
Total current liabilities			182,845			150,862
Noncurrent operating lease liabilities			145,828			135,316
Other long-term liabilities			2,286			1,923
Total liabilities			330,959			288,101
Stockholders equity:
Common stock, $0.01 par value. Authorized 32,000,000 shares; 15,981,394 shares issued as of January 30, 2021 and 15,907,666 shares issued as of February 1, 2020; 9,876,901 shares outstanding as of January 30, 2021 and 10,834,134 shares outstanding as of February 1, 2020			158			157
Paid in capital			95,484			93,180
Retained earnings			209,918			186,772
Treasury stock, at cost; 6,104,493 shares held as of January 30, 2021 and 5,073,532 shares held as of February 1, 2020			(141,926)			(109,065)
Total stockholders equity			163,634			171,044
Commitments and contingencies (Note 7)
Total liabilities and stockholders equity		$	494,593		$	459,145

See accompanying notes to consolidated financial statements.