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Castle View Games would like to invest in a division to develop software for video games. To evaluate this decision, the firm first attempts to

Castle View Games would like to invest in a division to develop software for video games. To evaluate this decision, the firm first attempts to project the working capital needs for this operation. Its chief financial officer has developed the following estimates (in millions of dollars):

(Click on the Icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)

Year 1

Year 2

Year 3

Year 4

Year 5

Cash

66

1212

1414

1616

1414

Accounts receivable

2121

2626

2424

2222

2626

Inventory

66

99

1111

1212

1414

Accounts payable

1717

2020

2424

2929

3030

Assuming that Castle View currently does not have any working capital invested in this division, calculate the cash flows associated with changes in working capital for the first five years of this investment.

( Note:

Enter decreases as negative numbers.)

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