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Coveys Auto has shareholders' equity of $25,370. The firm owes a total of $14,700 of which 60 percent is payable within the next year. The

Coveys Auto has shareholders' equity of $25,370. The firm owes a total of $14,700 of which 60 percent is payable within the next year. The firm net fixed assets of $32,490. What is the amount of the net working capital?

	a.	-$7,120
	b.	$1,700
	c.	$3,030
	d.	-$1,240

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