Change in net working capital calculationSamuels Manufacturing is considering the purchase of a new machine to replace one it believes is obsolete. The firm has total current assets of

$ 928 comma 000$928,000

and total current liabilities of

$ 639 comma 000$639,000.

As a result of the proposed replacement, the following changes are anticipated in the levels of the current asset and current liability accounts noted.

Account	Change
Accruals	plus $ 45 comma 000+$45,000
Marketable securities	00
Inventories	negative 11 comma 00011,000
Accounts payable	plus 93 comma 000+93,000
Notes payable	00
Accounts receivable	plus 146 comma 000+146,000
Cash	plus 19 comma 000+19,000

a. Using the information given, calculate any change in net working capital that is expected to result from the proposed replacement action.

b. Explain why a change in these current accounts would be relevant in determining the initial investment for the proposed capital expenditure.

c. Would the change in net working capital enter into any of the other cash flow components that make up the relevant cash flows? Explain.

a. The change in net working capital is

$nothing.

(Round to the nearest dollar.)