The financial statements for Watertown Service Company include the following items:

	2017	2016
Cash	$46,500	$41,000
Shortminus

term Investments	24,000	13,000
Net Accounts Receivable	57,000	50,000
Merchandise Inventory	158,000	49,000
Total Assets	535,000	551,000
Accounts Payable	133,500	126,000
Salaries Payable	17,000	20,000
Long-term Note Payable	57,000	50,000

Compute working capital for 2017.

A.

$27,000

B.

$128,000

C.

$135,000

D.

$78,000