Based on the information in RE4-2 and RE4-3, calculate Dorothy Corporation’s working capital.

In RE4-2, Dorothy Corporation had the following accounts in its year-end adjusted trial balance: Inventories, $23,600; Accounts receivable, $7,600; Accounts payable, $7,200; Prepaid rent, $2,400; Marketable securities, $3,000; Allowance for doubtful accounts, $1,100; and Cash, $1,500. Prepare the current assets section of Dorothy Corporation’s year-end balance sheet.

In RE4-3, Dorothy Corporation had the following accounts in its year-end adjusted trial balance: Accounts payable, $7,200; Salaries payable, $5,800; Income taxes payable, $4,000; Short-term notes payable, $2,500; Dividends payable, $750; and Investment in held-to-maturity bonds, $2,750. Prepare the current liabilities section of Dorothy Corporation’s balance sheet.