On December 31, 2016, Wellstone Company reported net income of $76,000 and sales of $217,000. The company also reported beginning and ending accounts receivable at $15,500 and $26,000, respectively. Wellstone will report cash collected from customers in its 2016 statement of cash flows (direct method) in the amount of .

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is: