SheridanManufacturing Company reported net sales (all credit) of $138,000and $157,875for 2020 and 2021, respectively and net income of $42,000and $50,000for 2020 and 2021, respectively.Sheridan's 2020 and 2021 balance sheets appear below:

2020 2021

Current Assets

Cash $34,000 $33,000

Accounts receivable, net 38,000 37,000

Inventory 49,000 47,960

Total current assets 121,000 117,960

Plant & equipment, net 78,000 58,040

Total assets $199,000 $176,000

Current liabilities $38,000 $47,960

Noncurrent liabilities 78,000 57,992

Total Liabilities 116,000 105,952

Stockholders' equity

Common stock 20,000 19,976

Additional paid-In capital 22,000 22,000

Retained earnings 41,000 28,072

Total stockholders' equity 83,000 70,048

Total liabilities and stockholders' equity $199,000 $176,000

(a)

Calculate the working capital for 2021.

Working capital_______ in dollars