Question: Intro Below is the balance sheet for Blue Sky Blunders as of Dec. 31, 2022 and 2023. The company had an EBIT of $78,000

Intro Below is the balance sheet for Blue Sky Blunders as of

Intro Below is the balance sheet for Blue Sky Blunders as of Dec. 31, 2022 and 2023. The company had an EBIT of $78,000 and depreciation of $12,000 in 2023, and a tax rate of 35%. Assets 2022 2023 Liabilities & Equity 2022 2023 Cash 8,000 9,600 Accounts payable 17,000 18,700 Market. securities 2,000 2,200 Notes payable 6,000 6,000 Accounts receivable 3,000 2,700 Current liabilities 23,000 24,700 Inventory 43,000 34,400 Long-term debt 95,000 80,000 Current assets 56,000 48,900 Total liabilities 118,000 104,700 Machines 34,000 40,800 Paid-in capital 20,000 20,000 Real estate 80,000 80,000 Retained earnings 32,000 45,000 Net fixed assets Total assets 114,000 120,800 Total equity 170,000 169,700 Liab. & equity 52,000 65,000 170,000 169,700 Part 1 What was the net operating profit after taxes for 2023? 0+ decimals Submit Attempt 1/10 for 10 pts. Part 2 Attempt 1/10 for 10 pts. What was the company's net operating working capital (NOWC) at the end of 2022? 0+ decimals Submit Part 3 Attempt 1/10 for 10 pts. What was the company's total net operating capital at the end of 2022? 0+ decimals Submit Part 4 Attempt 1/10 for 10 pts. What was the company's net operating working capital (NOWC) at the end of 2023?

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