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Canyon Tours showed the following components of working capitallast year: Beginning End of Year Accounts receivable $ 25,600 $23,800 Inventory 12,800 14,100 Accounts payable 15,300 18,100 a.What was the change in net working capital during the year? (Anegative amount should be indicated by a minus sign.) b. If saleswere $36,800 and costs were $24,800, what was cash flow for theyear? Ignore taxes.
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