The following table includes quarterly working capital levels for your form for the next year. Quarter ($000) 1 2 3 4 Cash 100 100 100 100 Accounts Receivable 200 100 100 600 Inventory 200 500 900 50 Accounts Payable 100 100 100 100 If you chose to use only long-term financing, what total amount of borrowing would you need to have on a permanent basis? Forecast your excess cash levels under this scenario. Answer: Calculate the net working capital below: Quarter 1 2 3 ($000) Net working capital Answer: The amount you would need to borrow using only long-term capital on a permanent basis is $ 1,000). (All the figures in this question are in thousands of dollars.) Answer: Calculate the excess cash for each quarter below: (Round to the nearest integer.) Quarter (5000) 2 3 Excess cash