Statement #$3$: One way to interpret the change in Cute Camel's accounts receivable balance from Year $1$ to Year $2$ is that more

customers purchased new items on credit rather than paying off existing credit accounts.

This statement is

$,$ because:

The decrease from $$1,266$ million to $$1,013$ million implies a net decrease in accounts receivable and that more customers are paying off

their receivables balances than are buying on credit

The change from $$2,970$ million to $$3,712$ million reflects a net accumulation of new credit sales

The $$253$ increase in accounts receivable means either that Year $1\text{'}$s existing credit customers are not paying off their owed balances and

new or existing customers are making adoitional purchases on credit, or that Year $1\text{'}$s credit customers have repaid their owed balances

and Year $2$ credit sales have exceeded Year $1\text{'}$s credit sales