Remaining Time: 1 hour, 26 minutes, 50 seconds. Question Completion Status: QUESTION 5 Calculate Bayesian, Inc.'s Change in Net Working Capital (ANWC)? Bayesian, Inc. 2017 Income Statement ($ in thousands) Bayesian, Inc. 2016 & 2017 Condensed Balance Sheets (in thousands) Net Sales $5,720 2016 2017 2016 2017 Cost of Goods Sold 4,090 Depreciation 420 Cash $70 $160 Total Current Liabilities $1,330 $1,220 EBIT Accounts Rec. 920 830 L-T Debe 720 520 Interest Paid 30 Inventory 1,550 1,970 Common Stock $3,120 $3,330 Texable income Total Current Assets 52.0 $2,960 920 1,180 Theses (21%) Net Fixed Assets 3,500 3,290 Retained Earning Total Equity Total Debt & Equity 84,040 14,510 Net Income Total Assets $6,090 $6,250 $6,090 $6,250 $110,000 $210,000 $370,000 $480,000 $490,000 QUESTION 6 Which one of the following statements correctly applies to a sole proprietorship