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QUESTION 9 2006 2005 Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (In $ millions) Liabilities and Assets 2006 2005 Stockholders' Equity Current

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QUESTION 9 2006 2005 Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (In $ millions) Liabilities and Assets 2006 2005 Stockholders' Equity Current Assets Current Liabilities Cash 50.7 58.5 Accounts payable Notes payable / short-term Accounts receivable 54.9 39.6 debt Current maturities of long. Inventories 44.7 42.9 term debt Other current assets 6.1 3.0 Other current liabilities Total current assets 156.4 144.0 Total current liabilities 84.4 73.5 94 9.6 39.8 6.0 139.6 36.9 12.0 132.0 Long-Term Liabilities 62.1 Long-term debt 91.5 Capital lease obligations 99.6 222.3 66.8 106.2 115.7 168.9 Long Term Assets Land Buildings Equipment Less accumulated depreciation Net property, plant, and equipment Goodwill Other long term assets Total long term assets (56.5) (52.5) Deferred taxes 22.8 22.2 232.2200.7 other long-term liabilities 60.0 Total long-term liabilities 245,1 63.0 42.0 Total liabilities 384.7 355.2 242.7 Stockholders' Equity 126.9 191.1 323.1 63.6 Total Assets 511.6 Total liabilities and 386.7 Stockholders' Equity 511.6 386.7 Refer to the balance sheet above. What is Luther's net working capital in 2005? O $16.8 million O $33.6 million $8.4 million $12.0 million

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