Lawrence Company current has the following amounts on its Balance Sheet: Cash of $20,000, Accounts Receivable of $30,000, Inventory of $10,000, Property, Plant & Equipment of $40,000, Accounts Payable of $35,000, Long-term Mortgage Payable of $25,000 and Equity of $40,000. Based upon this information, Lawrence Companys working capital would be $25,000.

Group of answer choices False OR True