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Smith Motors reports the following account balances: inventory of $33,100, equipment of $84,400, accounts payable of $16,900, cash of $5,000, and accounts receivable of $22,600.
Smith Motors reports the following account balances: inventory of $33,100, equipment of $84,400, accounts payable of $16,900, cash of $5,000, and accounts receivable of $22,600. How much does the firm have in net working capital?
| A) | $38,800 | |
| B) | $43,800 | |
| C) | $55,700 | |
| D) | $67,500 | |
| E) | $72,600 |
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