25.

Use the information provided for Harding Company to answer the question that follow.

Harding Company
Accounts payable	$29,809
Accounts receivable	60,870
Accrued liabilities	6,692
Cash	18,613
Intangible assets	40,142
Inventory	84,071
Long-term investments	104,137
Long-term liabilities	73,774
Notes payable (short-term)	21,163
Property, plant, and equipment	668,591
Prepaid expenses	1,516
Temporary investments	34,421

Based on the data for Harding Company, what is the amount of working capital?

a.$667,075

b.$199,491

c.$1,012,361

d.$141,827

26. Ramiro Company purchased 40% of the outstanding stock of Marco Company on January 1. Marco reported net income of $73,600 and declared dividends of $17,000 during the year. How much would Ramiro adjust its investment in Marco Company under the equity method?

Decrease or Increase? of $__________