The balance sheet for Stevenson Corporation reported the following: noncurrent assets, $210,000; total assets, $450,000; noncurrent liabilities, $250,000; total stockholders equity, $83,000.

Compute Stevensons working capital.

The balance sheet for Ronlad Corporation reported 188,000 shares outstanding, 273,000 shares authorized, and 25,000 shares in treasury stock.

Compute the maximum number of new shares that the company could issue.