One of your clients asked for your help estimating the working capital requirements associated with a proposed investment. The projected financial information for the first five years is shown following: 1 2 3 4 5 Sales 949.00 1,200.00 1,000.00 1,500.00 800.00 Cost of Sales 600.00 840.00 750.00 1,125.00 600.00 Gross Profit 349.00 360.00 250.00 375.00 200.0014. Assume the clients wants to plan on an inventory turn of 12 based on projected cost of sales. a. What is the estimated Inventory for Year One rounded to two decimal points? b. In estimating the cash flow for this investment, how would the amount computed in part a be shown in the cash flow projections? i. It would be shown as a negative cash flow as part of the computation of working capital. ii. It would be shown as a positive cash flow as part of the computation of working capital. iii. It would not have any impact on the computation of working capital