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 $49,900, net fixed assets of $248,100, current liabilities of $28,400 and long term debt of $99,900.

1.) Calculate Caraways stockholders equity (round to nearest dollar)

2.) What is the firm's net working capital? (round to nearest dollar)

3.) If Caraway's current liabilities consist of $18,200 in accounts payable and $10,200 in short term debt (notes payable), what is the firm's net working capital? (Select the best choice)

a.) The firm's net working capital will not change, i.e, net working capital =$21,500.

b.) The firm's net working capital will change by $18,200 + $10,200, i.e. net working capital = $49,900.

c.) The firm's net working capital will change by $$18,200 i.e. net working capital = $39,700.

d.) The firm's net working capital will change by $10,200 i.e., net working capital = $31,700.