Preparing a Classified Balance Sheet The following balances are from the post-closing trial balance of Armour Inc. Account Title Debit Credit Cash $16,000 $ Accounts receivable 65,000 Allowance for doubtful accounts 7,500 Inventory 90,000 Prepaid insurance 1,200 Short-term investments 28,000 Equipment 100,000 Building 300,000 Accumulated depreciation-equipment 20,000 Accumulated depreciation-building 7,500 Goodwill 30,300 Accounts payable 45,000 Salaries payable 5,000 Interest payable 1,500 Income tax payable 9,000 Notes payable, 8%, 5-year 250,000 Bonds payable, 7%, 10-year 15,000 Common stock 200,000 Retained earnings 70,000 Totals $630,500 $630,500 Balance Sheet As of December 31, 2020 Assets Current assets Cash $ 16,000 Accounts receivable $ 65,000 0 Accounts receivable, net Short-term investments Inventory 0 90,000 0 0 Property, plant, and equipment A O Equipment 0 0 . 0 Intangible assets 0 . $ 0 Liabilities and Stockholders' Equity Current liabilities $ 0 0 0 0 0 Long-term liabilities Notes payable, 8%, 5-year 0 . 0 0 Stockholders' equity Common stock 0 0 0 $ 0 b. Compute working capital on December 31, 2020. Working capital $ 0 Please answer all parts of the