Question 14 Financial statements for the Genatron Manufacturing Corporation for the years 2017 and 2016 are shown. Genatron Manufacturing Corporation Balance Sheet 2017 2016 ASSETS Cash $40,883 $50,060 Accts. receivable 260,609 201,342 Inventory 502,216 450,404 Total current assets 803,708 701,806 Fixed assets, net 400,000 300,000 Total assets $1,203,708 $1,001,806 LIABILITIES AND EQUITY Accts. payable $172,093 $134,812 Bank loan 91,949 91,949 Accruals 70,000 50,000 Total current liabilities 334,042 276,761 Long-term debt, 12% 399,861 309,984 Common stock, $10 par 300,000 300,000 Capital surplus 47,145 47,145 Retained earnings 122,660 67,916 Total liabilities & equity $1,203,708 $1,001,806 Genatron Manufacturing Corporation Income Statement 2017 2016 Net sales $1,669,652 $1,469,652 Cost of goods sold 1,001,791 881,791 Gross profit 667,861 587,861 Expenses: General and administrative 150,000 150,000 Marketing 150,000 130,000 Depreciation 50,255 41,571 Interest 55,684 44,476 Earnings before taxes 261,922 221,814 Income taxes 74,913 60,784 Net income $187,009 $161,030 (a) Calculate Genatron's dollar amount of net working capital in each year. 2017 2016 Net working capital Attemp