The following balance sheet information is provided for Greene Company for the year.

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 eamings

Total liabilities and stockholders' equity What is the firm's working capital?

Working Capital $($Current Assets less Current Liablities$)$

$($Cash$+$Accounts receivable$+$Inventory$+$Prepaid expenses$)-($Accounts payable$+$Salaries payable$)$

$$5,400$

$11,550$

$14,700$

$1,500$

$19,400$

$13,300$

$$2,730$

$8,330$

$11,500$

$17,000$

$26,290$

$$65,850$

$$20,300$

$$4,900$

$$22,090$

$$24,500$