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Rosnan Industries' 2020 and 2019 balance sheets and income statements are shown below. Balance Sheets: 2020 2019 Cash and equivalents $100 $85 Accounts receivable 275

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Rosnan Industries' 2020 and 2019 balance sheets and income statements are shown below. Balance Sheets: 2020 2019 Cash and equivalents $100 $85 Accounts receivable 275 Inventories 375 250 Total current assets $750 $635 Net plant and equipment 2,300 1,490 Total assets $3,050 $2,125 300 Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total common equity Total liabilities and equity $150 75 150 $375 450 1,225 1,000 $2,225 $3,050 $85 50 75 $210 290 1,225 400 $1,625 $2,125 Income Statements: Sales Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT Interest EBT Taxes (25%) Net income 2020 $2,285 1.250 $1,035 100 $935 63 $872 218 $654 2019 $1,585 1,000 $585 75 $510 46 $464 116 $348 Dividends paid $54 $48 Addition to retained earnings $600 $300 Shares outstanding 100 100 Price $25.00 $22.50 WACC 10.00% The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash. What is Rosnan's 2020 net operating working capital (NOWC)? Round your answer to the nearest dollar, $ What is Rosnan's 2020 net working capital (NWC)? Round your answer to the nearest dollar. $

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