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Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital for Year 2 Year 2 Year 1 $ 38,200 $

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Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital for Year 2 Year 2 Year 1 $ 38,200 $ 32,950 97,000 63,500 89,000 83,000 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold 124,500 128,500 12,800. 10,400 391,500 341,500 109,900 111,300 714,500 679,500 393,500 378,500 Multiple Choice $154,600

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