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For the following balance sheet, compute the company's working capital. Current Assets Current Liabilities $ 80,000 Cash $ 60,000 Long-term Liabilities $ 90,000 Accounts Receivable

For the following balance sheet, compute the company's working capital.

Current Assets Current Liabilities $ 80,000
Cash $ 60,000 Long-term Liabilities $ 90,000
Accounts Receivable $ 25,000
Inventory $ 40,000 Total Liabilities $ 170,000
Total current assets $ 125,000
Equity
Long Term Assets Common Stock $ 150,000
Buildings $ 150,000 Additional Paid in Capital $ 70,000
Equipment $ 60,000 Retained Earnings $ 45,000
Land $ 100,000 Total StockH Equ $ 265,000
Total long-term assets $ 310,000
Total Assets $ 435,000 Total L + SE $ 435,000

Group of answer choices

$265,000

$35,000

$45,000

1.5625

$(20,000)

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