=+6. For Gray Corporation, the working capital at the end of the current year is $10,000 more than the working capital at the end of the preceding year, reported as follows:

Preceding Current Year Year Current assets:

Cash, temporary investments, and receivables . . . . . . . . . . . . . . . . . $ 80,000 $ 84,000 Inventories . . . . . . . . . . . . . . . . . . . . . 120,000 66,000 ________ _________ Total current assets . . . . . . . . . . . . . $200,000 $150,000 Current liabilities . . . . . . . . . . . . . . . . . . . 100,000 60,000 ________ _________ Working capital . . . . . . . . . . . . . . . . . . . . $100,000 $ 90,000 ________ ________ _________ _________