3:00:00 Question 20 (8 points) Listen (Time allowance: 10 minutes) Compute the change (investment) in net working capital for year 2024 using the following information for Great Trees Corp. Discount rate Tax rate Sales Estimated sales after adjusting erosion/synergies. Current assets as % of sales Current liabilities as % of sales Fixed part of Cost of Goods Sold Cost of Goods Sold as % of sales Fixed part of Selling & Admon. (S&A) expenses S&A expenses as % of sales Depreciation 10% 40% 2020 2021 2022 2023 2024 2025 $30000 8% 6% $1,000 $32500 12% 6% $36500 8% 7% $38200 16% 6% $40400 17% $1,000 $2,000 $3,000 5% $4,000 30% $5,000 10% $1,000 50% $4,000 20% $4,000 20% $2,000 30% $1,000 10% $1,000 10% $1,000 $1,000 30% 20% $1,000 In your answer do not enter/use dollar sign ($); use commas to separate thousands; and round up to zero decimals. Specific instructions as to the sign to enter: If the change in NWC is a cash outflow, you must enter a negative sign (-) in front of the first digit (no space in between). If the change in NWC is a cash inflow, simply enter the number (do no enter the + sign) The change (investment) in net working capital (ANWC) in year 2024 is: Your Answer: