Prezas Company's balance sheet showed total current assets of $2,500, all of which were required in operations. Its current liabilities consisted of $975 of accounts payable, $600 of 6% short-term notes payable to the bank, and $250 of accrued wages and taxes. What was its net operating working capital?

	a.	$1,326
	b.	$1,199
	c.	$1,275
	d.	$1,301
	e.	$1,173