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Given the following information with regard to a proposed project: Inventory increase of $28,000 Cash falls by $5,000 Depreciation increases by $3,000 Accounts payable increase

Given the following information with regard to a proposed project:

Inventory increase of $28,000

Cash falls by $5,000

Depreciation increases by $3,000

Accounts payable increase by $14,000

Accounts receivable increase by $13,000

The working capital investment required for this project is:

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