Sailboats Etc. is a retail company specializing in sailboats and other sailing-related equipment. The following table contains financial forecasts as well as current (month 0) working capital levels. During which months are the firm's seasonal working capital needs the greatest? When does it have surplus cash?

($000)0 1 2 3 4 5 6

Net Income $9.93 $12.14 $15.02 $25.29 $29.98 $17.65

Depreciation 2.06 3.03 3.02 3.92 4.97 4.09

Capital Expenditures 1.05 0.00 0.00 1.15 0.00 0.00

Levels of Working Capital

Accounts Receivable$2.02 $3.02$3.94 $5.02 $6.91 $10.04 $5.93

Inventory 2.971.98 4.01 5.09 4.933.94 2.07

Accounts Payable2.09 2.091.93 1.99 1.99 2.05 2.06

Using the above please solve the below for each month and answer the two above questions.

Changes in accounts receivable

Change in inventory

Change in accounts payable

Change in net working capital