Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital for Year 2.

	Year 2			Year 1
Cash	$	38,400		$	33,150
Short-term investments		99,000			64,500
Accounts receivable, net		90,000			84,000
Merchandise inventory		125,500			129,500
Prepaid expenses		13,000			10,600
Plant assets		392,500			342,500
Accounts payable		108,900			112,300
Net sales		715,500			680,500
Cost of goods sold		394,500			379,500

Multiple Choice

• $244,000.

• $257,000.

• $167,000.

• $131,500.

• $158,000.