Alexander Sebastian, the finance manager of Hikewell Outdoor Equipment Company, thinks the way the company is financing its current assets is too risky. By the end of next year, he would like the pro forma balance sheet accounts look as follows:

Cash $ $30,000$

Accounts Payable $ $30,000$

Accounts Receivable $15,000$

Notes Payable $20,000$

Inventory $130,000$

Long$-$Term Debt $150,000$

Fixed Assets $500,000$

Common Equity $475,000$

What is the amount of the company$$s projected working capital?

What is the amount of the company$$s projected net working capital?

Which approach are they using?