Emerald City Umbrellas sells umbrellas and rain gear in​ Seattle, so its sales are fairly level across the year.​ However, it is branching out to other markets where it expects demand to be much more variable across the year. It expects sales in its new market​ of: ​(Click on the following icon to export the data displayed​ below.) Q1 Q2 Q3 Q4 Sales It carries inventory equal to of next​ quarter's sales, has accounts payable of of next​ quarter's sales, and accounts receivable of of this​ quarter's sales. a. Assume that it starts with in​ inventory, in accounts​ payable, and no accounts receivable for the new market. Forecast its working capital levels and changes over the four quarters. b. If Emerald City Umbrellas has net income equal to of​ sales, what will be its financing needs over the four​ quarters? a. Assume that it starts with in​ inventory, in accounts​ payable, and no accounts receivable for the new market. Forecast its working capital levels and changes over the four quarters. Calculate Emerald City​ Umbrellas' working capital level in the current period and over the next four​ quarters: ​(Round to the nearest​ dollar.)