XYZ Bank told Bob to increase cash to $70,000 from 2016 to 2017. But cash increased from $16,566 in 2016 to just $33,411 in 2017, well short of $70,000. In this assignment, you will review six select changes in the Balance Sheet accounts, highlighted in yellow, to better understand how these individual account changes impact overall cash flows. 2017 and 2016 Comparative ASSETS 2017 2016 Items 1 to 6. Note the $ value effect on Cash. Did the change in balances from one year to the next create (+) or 'use' (-) cash? Note the accounting or finance issue related to each of the six accounts reviewed. Needed to foot the Cash Flow Sta back to 2017 cash position. Net Income Depreciation Dividends Paid Tax Cash $ $ 33,411 $ $ 16,566 Accounts Receivable $ 260,205 S 318,768 Inventory S 423,819 S 352,740 71,079 Other current assets $ 41,251 $ 29,912 $ (11,339) Total Current Assets $ 758,686 S 717,986 $ (40,700) Plant Property and Equipment 1,512,675 S 1,403,220 109,455 Goodwill and other assets $ 382,145 $ 412,565 $ 30,420 Total Assets $ 2,653,506 $ 2,533,771 (119,735) LIABILITIES AND EQUITY Accounts Payable $ 378,236 S 332,004 46,232 Wages Payable S 14,487 $ 7,862 6,625 Accrued income taxes $ 21.125 $ 16,815 $ 4,310 Total Current Liabilities $ $ 413,848 SS 356,681 $ 57,167 Long-Term Debt: Bank Notes S 679,981 $ 793,515 (113,534) Total Liabilities $ 1,093,829 1,150,196 (56,367) Total Common Equity 1,559,677 $ 1,383,575 176,102 Total Liabilities and Equity 2,653,506 S 2,533,771 119,735