Ferndale Corporation's most recent balance sheet and income statement appear below: Current liabilities: Accounts payable $130$150 Accruedliabilities9090 Notes payable, short term 6070 Totalcurrentliabilities280310 Bonds payable 280.290. Total liabilities 560600 Stockholders' equity: Common stock, \$2 par value 100100 Additional paid-in capitalcommon stock 200200 Retained earnings 380330 Total stockholders' equity equity $1.240$1.230 Income Statement The working capital at the end of Year 2 is: $540 thousand $700 thousand $680 thousand $260 thousand