Pinkcassos friend, Henri Martisse, has helped him build a balance sheet for 1936 and 1937 (Pinkcassos has never been one for numbers, so he prefers the abbreviated version).

1936 1937 1936 1937 Current assets $100,000 $80,000 Current liabilities $65,000 $50,000 Fixed assets $150,000 $175,000 Long-term debt $0 $0 Total liabilities $65,000 $50,000 Total equity $185,000 $205,000 Total assets $250,000 $255,000 Total liab. & equity $250,000 $255,000

a. Calculate Pinkcassos net working capital for 1936 and 1937.

b. Calculate change in net working capital

c. What can we infer about Pinkcassos net working capital?