Problem 3-1 The Waterford Wax Company had the following current account activity last year Beginning Ending Beginning Ending $ 160 333 Accounts payable Cash $800 $2134 216 461 Accounts receivable 1900 3830 Accruals 453 2532 Inventony Current assets $2513$6695 Current liabilities $1016 $2595 a. Calculate and display the current account detail required for the Cash from Operating Activities section of the statement of cash flows. Use a minus sign, to indicate any decreases in cash or cash outflows Ending Change eginnin Accounts receivable Inventory Payables Accruals Total b. If you also knew that Waterford's revenues had risen by 20% last year, would you be concerned about the firm's financial health? One be concerned about the firm's financial health because the percentage increases in receivables and inventory is than the percentage increase in sales revenue