Balance Sheets 2019 2018 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets $70 275 375 $720 $55 300 250 $605 1,490 $2,095 $3,020 $85 $ 150 175 50 120 45 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity $345|| 450 1,225 1,000 $3,020 $180 290 1,225 400 $2,095 Income Statements Sales Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT Interest EBT Taxes (25%) Net income 2019 2018 $2,285 $1,585 1,250 1,000 $1,035 $585 100 _75 $935 $510 6346 $872 $464 218 116 $654 $348 Dividends paid Addition to retained earnings $54 $48 $600 $300 Shares outstanding Price WACC 100 $25.00 10.00% 100 $22.50 The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash. What is Rosnan's 2019 net operating working capital (NOWC)? What is Rosnan's 2019 net working capital (NWC)