Suppose that the manager expects $$50,000$ of inventory and other

working capital will be required upfront $($t $=0).$ Also, management

predicts that receivables will be $20\%$ of $$825,000$ and payables will be

$20\%$ of $-$$$435,000$ each year for $5$ years.

What is the Net working capital? What is Change in Net Working

Capital?