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Swinnerton Clothing Company's balance sheet showed total current assets of $3,125, all of which were required in operations. Its current liabilities consisted of $575 of

Swinnerton Clothing Company's balance sheet showed total current assets of $3,125, all of which were required in operations. Its current liabilities consisted of $575 of accounts payable, $300 of 6% short-term notes payable to the bank, and $145 of accrued wages and taxes. What was its net operating working capital that was financed by investors?

Select the correct answer.

a. $1,405
b. $1,423
c. $1,429
d. $1,411
e. $1,417

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