year. HINT: Use the contribution margin statement format but title the page BUDGET rather than Income Statement or Contribution Margin Statement E10.16 each account as a current asset (CA) or a current liability (CL) account. The following lists current asset and current liability accounts. Identify After classifying each account, determine how an INCREASE in the account balance will impact the Cash Flow Statement: Mark either Good for Cash or Bad for Cash If the Amount in Year 2 increased from Year 1, Enter "Good for Cash" or "Bad for Cash" Account Name Current Asset (CA) or Current Liability (CL) or Expense E Accounts receivable Inventory Accounts payable Credit Card receivables Remember I am asking what happens if there is an Increase in account This year versus last year for the Current Asset and Current Liability accounts. For Depreciation expense, assume it is $10,000 for the current year