Problem:
Mind Blowers, Inc. has a new project in mind that will increase accounts receivable by $28,000, decrease accounts payable by $6,000, increase fixed assets by $36,000, and decrease inventory by $11,000.
Required:
Question: What is the amount the firm should use as the initial cash flow attributable to net working capital when it analyzes this project?
Note: Please show how you came up with the solution.