Other expenses Int. expense The financial statements for TSW Inc. for 2019 and 2020 are shown below. What is TSW's net investment in operating capital during 2019-2020? Income Statement (Millions of $) 2019 2020 Sales $3,432,000 $5,834,400 COGS 2,864,000 4,980,000 340,000 720,000 Deprec 18,900 116,960 Tot op. costs 3,222,900 5,816,960 EBIT 209,100 17,440 62,500 176,000 Pre-tax earnings 146,600 -158,560 Taxes (40%) 58,640 -63,424 Net income 587,960 (595,136) Balance Sheet (Millions of $) Assets 2019 2020 Cash $9,000 $7,282 Short-term investment 48,600 20,000 Account receivable 351,200 632,160 Inventories 715,200 1,287,360 Total current assets 1,124,000 1,946,802 Net fixed assets 344,800 939,790 Total assets $1,468,800 $2,886,592 Liabilities and Equity Accounts payable Notes pavable 2019 $145,600 2020 $324,000 Taxes (40%) Net income 58,640 $87,960 -63,424 ($95,136) Balance Sheet (Millions of $) Assets Cash Short-term investment Account receivable Inventories Total current assets Net fixed assets Total assets 2019 $9,000 48,600 351,200 715,200 1,124,000 344,800 $11468,800 2020 $7,282 20,000 632,160 1,287,360 1,946,802 939,790 $2,886,592 Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt Common stock Retained earnings Total common equity Total liabilities and equity 2019 $145,600 200,000 136,000 481,600 323,432 460,000 203,768 663,768 $1,468,800 2020 $324,000 720,000 284,960 1,328,960 1,000,000 460,000 97,632 557,632 $2,886,592