Case Link Question (1) Directions: Click the Worksheet Link above and use the Quick Cash Flow Worksheet to answer this question: Business Bs net profit is $12,923, depreciation is $24,286, and its working investment (the total of accounts receivable and inventory, less accounts payable and accrued expenses) increased $9,782. It purchased fixed assets of $10,100, paid their owners $5,000 in dividends, and had no long-term debt. Using the Quick Cash Flow method, what amount of cash is available for all debt repayment? O$3,519 O$12,327 O $22,327 O$31,891 Quick Cash Flow (in $000s) Company Name (U) S GFA (U) S Net profit Plus: Depreciation, amortization expense Plus (or less): A Working investment Equals: Cash after operating cycle Plus (or less): A Gross fixed assets Equals: Cash after capital investment cycle Less: Dividends declared Equals: Cash available for all debt repayment Less: Current portion long-term debt (prior year) Equals: Cash available for other debt repayment Change in working investment Accounts receivable (net) Plus: Inventory BEGINNING ENDING Less: Accounts payable Less: Accrued expenses Equals: Working investment Beginning working investment Less: Ending working investment Equals: A Working investment Change in working investment Accounts receivable (net) Plus: Inventory Less: Accounts payable Less: Accrued expenses Equals: Working investment BEGINNING ENDING Beginning working investment Less: Ending working investment Equals: A Working investment Change in working investment Accounts receivable (net) BEGINNING ENDING Plus: Inventory Less: Accounts payable Less: Accrued expenses Equals: Working investment Beginning working investment Less: Ending working investment Equals: A Working investment Are any changes in income taxes payable, interest payable, prepaid expenses, investments, or miscellaneous other accounts large enough to distort quick cash flow