Question 510 points) Below are the working capital accounts for Next Group, Inc. as of the end of 2019 and 2020. Revenue for 2019 and 2020 was $6,500,000 and $7,000,000, respectively. Cost of goods sold was $3,950,000 and $4,500,000, respectively. 1) Based on the changes in these accounts what how much is the source or use of cash from working capital? 2) What was the days cost of goods sold outstanding in accounts payable for 20202 3) Based on the below account balances for 2020 what was the networking capital balance? 4) What is the 2020 current ratio? 5 in your opinion is the current ratio from #4 strong or weak and why? 10 12 SHOW YOUR WORK Source (Use) $ Accounts receivable Inventory Prepaid expenses ccounts payable Ecrued expenses 2019 1,055,000 $ 864,000 124,000 675,000 365,000 2020 1,250,000 925,000 118,000 648,000 399,000 Cash change