1. The Clarion Keg Corporation is considering expanding operations to meet growing demand. With the capital expansion, the current accounts are expected to change. Management expects cash to increase by $24,000, accounts receivable by $50,000, and inventories by $64,000. At the same time accounts payable will increase by $47,000, accruals by $10,000, and long-term debt by $55,000. The change in net working capital is ________.

2. Golden Eagle Mining, a U.S.-based MNC has a foreign subsidiary that earns $1003000 before local taxes, with all the after tax funds to be available to the parent in the form of dividends. The foreign income tax rate is 24 percent, the foreign dividend withholding tax rate is 10 percent, and the firm's U.S. tax rate is 29 percent. What are the funds available to the parent MNC if foreign taxes can be applied as a credit against the MNC's U.S. tax liability?