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Pharoah Electronics reported the following information at its annual meeting: The company had cash and marketable securities worth $ 1 , 2 3 5 ,

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Pharoah Electronics reported the following information at its annual meeting: The company had cash and marketable securities worth
$1,235,500, accounts payable worth $4,159,500, inventory of $7,121,500, accounts receivable of $3,488,500, short-term notes
payable worth $1,151,500, and other current assets of $121,900. What is the company's net working capital?
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