Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. \begin{tabular}{lrr} \multicolumn{1}{c}{ Income Statements } & \\ & \multicolumn{1}{c}{2019} & 2018 \\ Sales & $2,285 & $1,585 \\ Operating costs excluding depreciation & 1,250 & 1,000 \\ EBITDA & $1,035 & $585 \\ Depreciation and amortization & 100 & 75 \\ EBIT & $935 & $510 \\ Interest & 63 & 46 \\ EBT & $872 & $464 \\ Taxes (25%) & 218 & 116 \\ Net income & $654 & $348 \\ \cline { 2 - 3 } \end{tabular} DividendspaidAdditiontoretainedearnings$54$600$48$300 Shares outstanding Price WACC 100$25.0010.00%100$22.50 The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash. What is Rosnan's 2019 net operating working capital (NOWC)? $ What is Rosnan's 2019 net working capital (NWC)? $