Question: A proposed project will require additional inventory of $ 1 2 , 0 0 0 and will increase accounts payable by $ 1 9 ,

A proposed project will require additional inventory of $12,000 and will increase accounts payable by $19,000. Accounts receivable is currently $302,000 and is expected to increase by 5 percent if this project is accepted. What is the project's initial cash flow for net working capital?
$31,000
$8,100
$22,100
$46,900
$15,900

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