·Analyze Changes in Working Capital: Requirements:

• Given two balance sheets from different periods, calculate the working capital for each period.
• Period 1 Balance Sheet (Dec 31, 2022):
  • Current Assets: $150,000
  • Current Liabilities: $80,000
• Period 2 Balance Sheet (Dec 31, 2023):
  • Current Assets: $180,000
  • Current Liabilities: $100,000
• Identify and explain any changes in working capital between the two periods.
• Discuss the implications of these changes for the company's short-term liquidity and operational efficiency.