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

Cash	$	43,000		Current liabilities	$	78,000
Accounts receivable		58,000		Long-term liabilities		38,000
Inventory		63,000		Common stock		103,000
Equipment		148,000		Retained earnings		93,000
Total assets	$	312,000		Total liabilities and equity	$	312,000

Multiple Choice

• $86,000

• $196,000

• $78,000

• $312,000

• $164,000