A scrambled list of accounts from the income statement and balance sheet of Belmond, Inc. is found here:

Inventory	6,530
Common stock	45,010
Cash	16,590
Operating expenses	1,320
Short-term notes payable	610
Interest expense	880
Depreciation expense	470
Sales	12,750
Accounts receivable	9,630
Accounts payable	4,850
Long-term debt	55,350
Cost of goods sold	5,700
Buildings and equipment	122,350
Accumulated depreciation	34,220
Taxes	1,460
General and administrative expense	820
Retained earnings	?

.

a.How much is the firm's net working capital?

b.Complete an income statement and a balance sheet for Belmond.

c. If you were asked to respond to parts

(a)

and

(b)

as part of a training exercise, what could you tell your boss about the company's financial condition based on your answers?

Question content area bottom

Part 1

a.How much is the firm's net working capital?

The firm's net working capital is

$enter your response here.

(Round to the nearest dollar.)