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#9 Consider the following the forecasted balance sheet values of working capital for a project: Year o Year 1 Year 2 Year 3 Year 4

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#9 Consider the following the forecasted balance sheet values of working capital for a project: Year o Year 1 Year 2 Year 3 Year 4 Cash $5.41 $10.31 $14.00 $14.00 $15.04 Accounts Receivable $20.05 $24.17 $25.00 $22.00 $23.00 Inventory $4.45 $8.00 $11.00 $13.00 $14.87 Accounts Payable $17.89 $21.35 $23.00 $26.00 $30.89 What is the cash flow from NWC for year 1? (Note: If the firm invests money in NWC, this will be a negative number) Submit Answer format: Currency: Round to: 2 decimal places

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