Problem 3-32-Working Capital (LO1) The table below contains data on Fincorp Incorporated. The balance sheet items correspond to values at year-end 2021 and 2022, while the income statement items correspond to revenues or expenses during the year ended 2021 and 2022. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assets Long-term debt Notes payable Dividends paid Cash and marketable securities Net working capital 2021 $ 4,800 1,800 530 250 440 160 560 300 420 decreased 5,800 2,800 700 370 810 2022 $ 4,900 1,900 * Taxes are paid in their entirety in the year that the tax obligation is incurred. Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. What was the change in net working capital during the year? (Enter your answer in thousands of dollars.) by 550 310 490 160 580 360 490 6,500 3,150 510 370 490

The table below contains data on Fincorp incorporated. The balance sheet items correspond to values at year-end 2021 and 2022. while the income statement items correspond to revenues or expenses during the year ended 2021 and 2022 . All values are in thousands of dollars. - Taxes are paid in their entirety in the year that the tax obligation is incurred. Tet fixed assets are fixed assets net of accumulated depreciation since the asset was installed. What was the change in net working capital during the year? (Enter your answer in thousands of dollars.)