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Nightwish Corporation shows the following information on its 2021 income statement: Sales = $4,346; Costs = $295,000; Other expenses = $7,900; Depreciation expense = $19,900;
Nightwish Corporation shows the following information on its 2021 income statement: Sales = $4,346; Costs = $295,000; Other expenses = $7,900; Depreciation expense = $19,900; Interest expense = $14,600; Taxes = $18,410; Dividends = $12,000. In addition, youre told that the firm issued $4,346 in new equity during 2021 and redeemed $3,220 in outstanding long-term debt. (Do not round intermediate calculations.) If the change in net working capital is 0, what is the Net Capital Spending for the year
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