A quarterly forecasted balance sheet is below. Calculate OWC in each quarter. What is the maximum OWC level?

	Q1	Q2	Q3	Q4
Cash and equivalents	273,963.7	210,182.0	251,475.6	357,125.6
Accounts receivable, net	279,881.2	335,352.0	580,500.0	458,039.6
Inventories	256,128.0	341,518.0	348,314.0	235,008.4
Prepaid assets and other current assets	228,915.6	228,936.4	228,594.8	228,571.6
Total current assets	1,038,888.5	1,115,988.4	1,408,884.4	1,278,745.2
Property, plant, and equipment	286,243.2	293,200.8	288,519.6	296,458.8
Goodwill	554,358.0	557,258.8	555,183.6	553,808.0
Other fixed assets	564,118.4	576,780.4	542,821.2	492,063.6
Total Assets	2,443,608.1	2,543,228.4	2,795,408.8	2,621,075.6
Short term borrowings	800.5	14,107.6	0.0	6,765.6
Current portion of long term debt	0.0	0.0	0.0	120,000.0
Accounts payable	115,039.6	198,704.0	324,267.2	260,672.4
Accrued expenses	198,720.8	244,050.8	375,201.6	263,290.0
Income taxes payable	4,214.8	3,114.8	12,767.2	7,500.8
Total current liabilities	318,775.7	459,977.2	712,236.0	658,228.8
Long-term debt	840,000.0	840,000.0	840,000.0	720,000.0
Other noncurrent liabilities	218,175.2	217,462.0	214,107.6	189,545.2
Total noncurrent liabilities	1,058,175.2	1,057,462.0	1,054,107.6	909,545.2
Common stock	176,547.6	176,547.6	176,547.6	176,547.6
Retained earnings	890,109.6	849,241.6	852,517.6	876,754.0
Total stockholders equity	1,066,657.2	1,025,789.2	1,029,065.2	1,053,301.6
Total Liabilities and Stockholders Equity	2,443,608.1	2,543,228.4	2,795,408.8	2,621,075.6
Check	0.0	0.0	0.0	0.0
	OK	OK	OK	OK

Select one:

720,112.8

446,149.1

459,936.8

604,546.8