Apollo Data Systems is considering a promotional carnpaign that will increase amual credit sales by $720,000 The company will requir investments in accounts receivable, inventory, and plant and equipment. The turnover for each is as follows All $720,000 of the soles will be collectible Howevec collection costs will be 2 percent of sales and production and seiling costs wit be 80 percent of sales The cost to carry imwentory will be 5 percent of inventory Amortization expense on plant and equpment will be 6 percent of plant and equipment The tax rate is 40 percent inwentory is colculated using sales and not cost of goods sold a. Compute the investments in accounts receivable, inventory, and plant and equpment based on the furnower tatios what is the total value of the investment made? b. Compute the occounts receiveble collection costs and production and soling costs and add the two figures topether