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Compute the change (investment) in net working capital for year 2024 using the following information for Great Trees Corp. Discount rate 10% Tax rate 20%

Compute the change (investment) in net working capital for year 2024 using the following information for Great Trees Corp.

Discount rate10%
Tax rate20%
202020212022202320242025
Sales
Estimated sales after adjusting erosion/synergies$30000$33400$36200$38400$40200
Current assets as % of sales9%8%10%17%11%
Current liabilities as % of sales7%4%8%7%4%
Fixed part of Cost of Goods Sold$3,000$1,000$5,000$4,000$3,000
Cost of Goods Sold as % of sales30%40%30%20%30%
Fixed part of Selling & Admon. (S&A) expenses$3,000$4,000$3,000$1,000$3,000
S&A expenses as % of sales20%10%10%30%30%
Depreciation$1,000$2,000$2,000$2,000$2,000

In your answer do not enter/use dollar sign ($); use commas to separate thousands; and round up to zero decimals.

Specific instructions as to the sign to enter: If the change in NWC is a cash outflow, you must enter a negative sign ( - ) in front of the first digit (no space in between). If the change in NWC is a cash inflow, simply enter the number (do no enter the + sign)

The change (investment) in net working capital (ΔNWC) in year 2024 is ?

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