Crane Electronics reported the following information at its annual meetings: The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,121,599, accounts receivables of $3,488,121, short-term notes payable worth $1,151,663, and other current assets of $121,455 is all at book value. Suppose marking to market reveals that the market value of the firms inventory is 29 percent below its book value, its receivables are 18 percent below their book value, and the market value of its current liabilities is identical to the book value.

What is the firm's net working capital using market values? (Round intermediate calculations and final answer to the nearest whole dollar, e.g. 5,275.)

What is the percentage difference in net working capital using market versus book values? (Round answer to 1 decimal place, e.g. 17.5%. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)