Company X finances only with debt and common equity (i.e., no preferred stock), and it has accounts payable and accruals. The firm's assets consist entirely of current assets and net plant and equipment. Total assets are $5 million and net plant and equipment is $750,000. It has notes payable of $1.5 million, long-term debt of $1.5 million, and total common equity of $1,750,000.

What is Company X's net working capital?

a. $1,500,000

b. $1,750,000

c. $2.000.000

d. 52.750.000

e. None of these