(Related to Checkpoint 3.2) (Working with the balance sheet)The Caraway Seed Company grows heirloom tomatoes and sells their seeds. The heirloom tomato plants are preferred by many growers for their superior flavor. At the end of the most recent year the firm had current assets of

$50,700,

net fixed assets of

$250,400,

current liabilities of

$30,600,

and long-term debt of

$101,400.

a.Calculate Caraway's stockholders' equity.

b. What is the firm's net working capital?

c.If Caraway's current liabilities consist of

$20,000

in accounts payable and

$10,600

in short-term debt (notes payable), what is the firm's net working capital?

Question content area bottom

Part 1

a.Calculate Caraway's stockholders' equity.

Caraway's stockholders' equity is

$enter your response here.

(Round to the nearest dollar.)