Question 7 of 10 - / 10 TIT View Policies Current Attempt in Progress Wildhorse Manufacturing Company reported net sales (all credit) of $131,000 and $150,975 for 2020 and 2021, respectively and net income of $35,000 and $43,000 for 2020 and 2021, respectively. Wildhorse's 2020 and 2021 balance sheets appear below: 2020 2021 Current Assets Cash $27,000 $25,986 Accounts receivable, net 31,000 30,000 Inventory 40,000 35,003 Total current assets 98,000 90,989 Plant & equipment, net 71,000 51,011 Total assets $169,000 $142,000 Current liabilities $31,000 $40,967 Noncurrent liabilities 71,000 50,978 Total Liabilities 102,000 91,945 Stockholders' equity Common stock 13,000 12,993 Additional paid-In capital 15,000 14,981 Retained earnings 39,000 22,081 Total stockholders' equity ' 67,000 50,055 Total liabilities and stockholders' equity $169,000 $142,000 (a) Calculate the working capital for 2021. Working capital $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit