2015 income statement: sales = $388,808; costs = $172,679; other expenses = $8,133; depreciation expense = $19,452; interest expense = $14,342; taxes = $18,835; dividends = $10,848. In addition, you’re told that the firm issued $6,065 in new equity during 2015 and redeemed $5,905 in outstanding long-term debt. If net fixed assets increased by $22,525 during the year, what was the addition to NWC?
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