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Using the following balance sheets of Mimi's Gymnastics Inc., what is the net operating working capital (NOWC) for 2020? Mimi's Gymnastics Inc.: Balance Sheets as

Using the following balance sheets of Mimi's Gymnastics Inc., what is the net operating working capital (NOWC) for 2020?

Mimi's Gymnastics Inc.: Balance Sheets as of December 31
(Millions of Dollars)
2020
Assets
Cash $ 160
Short-term investments 170
Accounts receivable 1,200
Inventories 600
Total current assets $ 2,130
Net plant and equipment 2,500
Total assets $ 4,630
Liabilities and Equity
Accounts payable $ 800
Accruals 300
Notes payable 170
Total current liabilities $ 1,270
Long-term debt 700
Total liabilities $ 1,970
Common stock 2,500
Retained earnings 160
Total common equity $ 2,660
Total liabilities and equity $ 4,630

Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number.

$ million?

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