40 (2 points) The following Information relates to Piper Inc. Cash $65,000 Accounts payable $66,000 Unearned Revenue $9,000 Prepaid insurance $15,000 Salaries payable $25,000 Accounts receivable $95,000 Long Term debt* $225,000 Inventory $120,000 Land $165,000 Building $235,000 Common shares $250,000 Accumulated depreciation - Building $70,500 Retained Earnings Trademark What is working capital? $195,000 $(340,000) $160,000 $40,000. $164,500 $125,000 The following Information relates to Piper Inc. Cash $65,000 Accounts payable $66,000 Unearned Revenue $9,000 Prepaid insurance $15,000 Salaries payable $25,000 Accounts receivable $95,000 Long Term debt* $225,000 Inventory $120,000 Land $165,000 Building $235,000 Common shares $250,000 Accumulated depreciation - Building $70,500 Retained Earnings Trademark $164,500 $125,000 What is the carrying amount of Buildings? $290,000 $164,500 $360,500 $415,000 The following Information relates to Piper Inc. Cash $65,000 Accounts payable $66,000 Unearned Revenue $9,000 Prepaid insurance $15,000 Salaries payable $25,000 Accounts receivable $95,000 Long Term debt* $225,000 Inventory $120,000 Land $165,000 Building $235,000 Common shares $250,000 Accumulated depreciation - Building $70,500 Retained Earnings $164,500 Trademark $125,000 What is total Shareholders Equity? $539,500 $375,000 $250,000 $414,500