Bonner Collision has shareholders' equity of $145,800. The firm owes a total of $118,000 of which 40 percent is payable within the next year. The firm net fixed assets of $161,500. What is the amount of the net working capital?

Which of the following identities are necessary to find the desired value?

• Total Assets = Total Liabilities + Owners' Equity

  Total Assets = Total Liabilities + Owners' Equity

• Net Working Capital = Current Assets - Current Liabilities

  Net Working Capital = Current Assets - Current Liabilities

• Total Assets = Fixed Assets + Current Assets

  Total Assets = Fixed Assets + Current Assets

• Total Liabilities = Long-term Debt + Current Liabilities

  Total Liabilities = Long-term Debt + Current Liabilities