Assuming the time is now Jan 01, 2001. You have the following financial information on Boston Electronics. The estimated cost of capital is 10%. Boston Electronics Projected income statements ($ million) Year 2000 2001 2002 2003 2004 Sales Cost of goods sold Selling and admin. Depreciation EBIT Taxes Interest Net income 587.1 358.1 64.6 88.1 76.3 25.9 0 50.4 610.2 378.3 67.1 91.5 73.2 24.9 0 48.3 650.0 409.5 71.5 97.5 71.5 24.3 0 47.2 689.0 434.1 75.8 103.4 75.8 25.8 0 50.0 730.3 460.1 80.3 109.6 80.3 27.3 0 53.0 Projected balance sheets ($ million) Assets Accts receivable Inventory Property, plant, equip. Total assets Liabs and equity Accts payable Equity Total liabs and equity 58.7 17.9 411.0 487.6 61.0 18.9 427.1 507.1 65.0 20.5 455.0 540.5 68.9 21.7 482.3 572.9 73.0 23.0 511.2 607.3 48.9 438.7 487.6 50.9 456.2 507.1 54.2 486.3 540.5 57.4 515.5 572.9 60.9 546.4 607.3 Question 15. What is BE's projected net working capital for 2004 from the above Projected balance sheets ($million)? * 0546.4 O 12.1 35.1 -450.4 Other