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A company with working capital of $361,498 and a current ratio of 3 pays a $75,755 short-term liability. Determine the amount of working capital immediately

A company with working capital of $361,498 and a current ratio of 3 pays a $75,755 short-term liability. Determine the amount of working capital immediately after payment.

Select the correct answer.

$75,755
$285,743
$361,498
$437,253

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