Ella Mae industries has a cash balance of $55,000, accounts payable of $175,000; inventory of $215,000; account receivable of $275,000; notes payable of $215,000; and accrued wages and taxes of $45,000. How much net working capital does the firm need to fund?

A) $155,000

B) $55,000

C) 110,000

D) $110,000