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Canyon Tours showed the following components of working capital last year: Beginning End of Year Accounts...

Canyon Tours showed the following components of working capital last year:

Beginning End of Year
Accounts receivable $ 24,800 $ 23,400
Inventory 12,400 13,300
Accounts payable 14,900 17,300

   

a. What was the change in net working capital during the year? (A negative amount should be indicated by a minus sign.)

b. If sales were $36,400 and costs were $24,400, what was cash flow for the year? Ignore taxes.

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