The following balance sheet information is provided for Apex Company for Year 2 Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and stockholders' equity Accounts payable Salaries payable Bonds payable (due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders equity $ 8,000 14,150 16,000 2,800 20,700 14,600 $76,250 $ 3,510 7,030 18,000 10,500 37,210 $76,250 What is the company's working capital? Multiple Choice $20,800 $23,400 $7.500 $30,410