Question: Ski World is considering a new product line which will require additional inventory costing $146,000. Accounts payable will increase by $87,000 as suppliers are willing

Ski World is considering a new product line which will require additional inventory costing $146,000. Accounts payable will increase by $87,000 as suppliers are willing to finance a portion of these purchases. Accounts receivable are currently $80,000 and are expected to increase by 20% if this project is accepted.

What is the initial net working capital requirement for the new product line?

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