The ending and beginning balances of Farmer Corporation's balance sheet accounts for the most recent year are listed below: Ending Beginning Balance Balance Assets & Contra-Assets: Cash and cash equivalents Accounts receivable Inventory Property, plant, and equipment Accumulated depreciation Liabilities and stockholders' equity: Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings $ 40,000 $ 28,000 $ 17,000 $ 14,000 $ 60,000 $ 62,000 $ 406,000 383,000 $ 234,000 205,000 $ 15,000 $ 12,000 $ 35,000 $ 38,000 $ 49,000 $ 42,000 110,000 109,000 $ 39,000 $ 36,000 $ 41,000 $ 45,000 The company's net income (loss) for the year was $0 and its cash dividends were $4,000. It did not dispose of any property, plant, and equipment, retire any bonds payable, or repurchase any of its own common stock during the year. Required: Compute the change in each balance sheet account in the below table. Indicate whether the change in each balance will be recorded in the operating, investing, or financing activities section of the statement of cash flows. For items recorded in the operating activities section, also indicate whether the change will be added to or subtracted from net income. For all other items, indicate whether the change will be added as a cash inflow or subtracted as a cash outflow. The first entry has been filled in as an example. Ending Beginning Balance Balance Change Section 17,000 14,000 +3,000 Operating 60,000 62,000 Accounts receivable Inventory Property, plant, and equipment 406,000 383,000 Accumulated depreciation 234,000 205,000 Accounts payable Accrued liabilities Income taxes payable 35,000 20444 15,000 12,000 38,000 47 000 Accounts receivable Ending Beginning Balance Balance Change Section 17,000 14,000 +3,000 Operating 60,000 62,000 Inventory Property, plant, and equipment 406,000 383,000 Accumulated depreciation 234,000 205,000 Accounts payable 15,000 12,000 Accrued liabilities 35,000 38,000 Income taxes payable 49,000 42,000 Bonds payable Common stock 110,000 109,000 39,000 36,000