申論題

3.Square Hammer Corp. shows the following information on its 2020 income statement: Sales=$305,000; Costs=$176,000 Other expense=$8,900; Depreciation expense=$18,700 Interest expense=$12,900; Taxes=$23,345; Dividends=$19,500. In addition, you're told that the firm issued $6,400 in new equity during 2020 and redeemed $4,900 in outstanding long-term debt.

(4) If net fixed assets increased by $46,000 during the year, what was the addition to Net Working Capital? (2.5 分)