As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3.

Cash$5,000Accounts Receivable15,000Inventory40,000Prepaid Insurance3000Fixed Assets100,000Accounts Payable15,000Notes Payable in 5 Months12,500Salary Payable25,000Notes Payable in 5 years

35,000Owner's Equity98,000

2. What is the company's Working Capital?

Question 2 options:

12,500

10,500

15,000