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20 Refer to the following selected financial information from Fennie's, LLC. Compute the company's working capital for Year 2 Year 2 Year 1 of Cash

image text in transcribed 20 Refer to the following selected financial information from Fennie's, LLC. Compute the company's working capital for Year 2 Year 2 Year 1 of Cash $37,500 $32,250 stion Short-term investments 90,000 60,000 Accounts receivable, net 85,500 79,500 Merchandise inventory 121,000 125,000 Prepaid expenses 12,100 9,700 Property, plant and equipment 388,000 338,000 Accounts payable 113,400 107,800 Net sales 711,000 676,000 Cost of goods sold 390,000 375,000 O a. $232,700. b. $220,600. O c. $142,700. d. $147,200. Oe. $111,700image text in transcribed

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