For Garrison Corporation, the working capital at the end of the current year is $10,000 more than the working capital at the end of the preceding year, reported as follows:

	Current year	Preceding year
Current assets:
Cash, marketable securities, and receivables	$80,000	$84,000
Inventories	120,000	66,000
Total current assets	$200,000	$150,000
Current liabilities	100,000	60,000
Working capital	$100,000	$90,000

Required: Has the current position improved? Explain.