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You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the

You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the company paid $98.6 million in current taxes and had an interest expense of $48.6 million.

TIME MANUFACTURING Statement of Cash Flows ($ in millions)
Operations
Net income $ 179
Depreciation 94.6
Deferred taxes 19.6
Changes in assets and liabilities
Accounts receivable 18.6
Inventories 22.6
Accounts payable 17.6
Accrued expenses 9.6
Other 3.6
Total cash flow from operations $ 308.8
Investing activities
Acquisition of fixed assets $ 209
Sale of fixed assets 23.6
Total cash flow from investing activities $ 185.4
Financing activities
Retirement of long-term debt $ 168
Proceeds from long-term debt sales 122
Change in notes payable 6.6
Dividends 92
Repurchase of stock 19
Proceeds from new stock issue 50
Total cash flow from financing activities $ 100.4
Change in cash (on balance sheet) $ 23

Calculate the net working capital cash flow. (Do not round intermediate calculations. Enter your answers in millions, for e.g., 10.2 million would be entered as 10.2. Negative amounts should be indicated by a minus sign.)

Net working capital cash flow $

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