The following real levels of current assets and current liabilities are required over the life of the project: 2018 2019 2020 2021 Accounts Receivable 0 150,000 225,000 0 Inventory 75,000 130,000 130,000 0 Accounts Payable 25,000 50,000 50,000 0 Wages Payable 1,000 18,000 18,000 0 If inflation of 3 percent per year is expected over the life of the project and the rm's nominal WACC is 12.4%, a. Calculate nominal levels of net working capital (CA CL) for 2018 2021. b. Calculate the investment in working capital for years 2018 2021. c. Calculate the present value of the investment in working capital as of 2018