A corporation reports the following year-end balance sheet data. The company's working capital equals:

Cash	$	54,000		Current liabilities	$	89,000
Accounts receivable		69,000		Long-term liabilities		49,000
Inventory		74,000		Common stock		114,000
Equipment		159,000		Retained earnings		104,000
Total assets	$	356,000		Total liabilities and equity	$	356,000

Multiple Choice

• $356,000

• $108,000

• $218,000

• $197,000

• $89,000