(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

$ 49,000 net fixed assets of $ 251,600

current liabilities of $ 31,200

,and long-term debt of $ 101, 700

.

a.Calculate Caraway's stockholders' equity.

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

c.If Caraway's current liabilities consist of

$ 19, 700

in accounts payable and

$ 11, 500

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