The following items were taken from the December 31, 2020 financial statements of Becky Inc. Becky Inc's year end is December 31, 2020: Account Name Accounts Payable Accounts Receivable Accumulated Depreciation Advertising Expense Capital Stock Cash Cost of Goods Sold Depreciation Expense Equipment Note Payable (payable in 3 years) Other Pre-paid expenses Balance 13,000 14,400 32,000 15,000 10,000 63,300 143,000 12,600 62,000 42,400 5,200 Pre-paid rent Rent Expense Salaries Expense Sales Unearned Revenue 17,100 14,100 82,200 306,600 11,500 The retained earnings balance at December 31 2019 was $14,700. Dividends of $1,300 were paid during the year. Required: Prepare financial statements (classified Balance Sheet and Income Statement) Calculate working capital. Briefly describe the significance of Emily Inc's working capital