c$.$ Adjust for the amount using a proration based on the overhead allocated in $2020($before proration$)$ in the ending

Goods Sold. Begin by selecting the formula to calculate the adjustment to each account. Then enter the amounts in

$"$

X$.$XXX$".$ Use a minus sign or parentheses to show overallocated amounts and adjustments to be subtracted.$)$

Net working capital decreases when:

Multiple Chboice

a new $3-$year loan is obtained with the proceeds used to purchase inventory.

a credit customer pays his or her bill in full.

depreciation increases.

a long$-$term debt is used to finance a fixed asset purchase.