Question: You are considering adding a new division into your existing firm. This will entail an increase in inventory of $8,870, an increase in accounts payables
You are considering adding a new division into your existing firm. This will entail an increase in inventory of $8,870, an increase in accounts payables of $2,790, and an increase in property, plant, and equipment of $40,000. All other accounts will remain unchanged. The change in net working capital resulting from the addition of the new division is _______________. Enter your answer in dollars and round to the nearest dollar.
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