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Laurel Electronics reported the following information at its annual meeting. The company had cash and marketable securities worth $1,235,455, accounts payable worth $4,159,357, inventory of
Laurel Electronics reported the following information at its annual meeting. The company had cash and marketable securities worth $1,235,455, accounts payable worth $4,159,357, inventory of $7,121,599, accounts receivable of $3,488,121, notes payable worth $1,151,663, and other current assets of $121,455. What is the companys net working capital?
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