Based on the financial statements for Tomkovick Golf Company in Problem 3.32, compute the cash flow invested in net working capital and the cash flow invested in long-term assets that you would use in a calculation of the cash flow to investors for 2017.

Data from 3.32

Analysts following the Tomkovick Golf Company were given the following balance sheet information for the years ended June 30, 2017, and June 30, 2016:

In addition, it was reported that the company had a net income of $3,155,848 and that depreciation expenses were equal to $212,366 during 2017. Assume amortization expense was $0 in 2017.

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Assets 2017 2016 $ 33,411 16,566 318,768 352,740 Cash and marketable securities %24 Accounts receivable 260,205 Inventory 423,819 41,251 $ 758,686 Other current assets 29,912 $ 717,986 Total current assets Plant and equipment Less: Accumulated depreciation Net plant and equipment Goodwill and other assets 1,931,719 (419,044) $1,512,675 1,609,898 (206,678) $1,403,220 412,565 382,145 $2,653,506 $2,533,771 Total assets Liabilities and Equity 2017 2016 $ 378,236 14,487 $ 332,004 7,862 16,815 $ 356,681 Accounts payable and accruals Notes payable Accrued income taxes 21,125 $ 413,848 679,981 $1,093,829 Total current liabilities Long-term debt Total liabilities 793,515 $1,150,196 Preferred stock 10,000 Common stock (10,000 shares) 10,000 975,465 398,1 10 Additional paid-in capital Retained earnings Less: Treasury stock Total common equity 975,465 587,546 (13,334) $1,559,677 $1,383,575 Total liabilities and equity $2,653,506 $2,533,771