Question - A project requires increases in inventories of $60,000.trade receivables of $40,000 and trade payables of $35,000 and requires equipment costing $200,000. During the first year, the profit before depreciation is expected to be $400,000. What is the estimated net cash flow during the first year of the project?
a) $135,000
b) $395,000
c) $85,000
d) $195,000