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Use the following data to determine the total amount of working capital. Metlock, Inc. Balance Sheet December 31, 2022 Cash $127700 Accounts payable $169500 Accounts

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Use the following data to determine the total amount of working capital. Metlock, Inc. Balance Sheet December 31, 2022 Cash $127700 Accounts payable $169500 Accounts receivable 123600 Salaries and wages payable 25800 Inventory 202200 Note payable (due 2025) 274500 Short-term investments 88200 Total liabilities $469800 Land (held for future use) 253001 Land 280000 Buildings $338000 Common stock $356000 Less: Accumulated depreciation (56000) 282000 Retained earnings 742700 Franchise 211800 $1098700 Total stockholders equity Total liabilities and stockholders equity Total assets $1568500 $1568500 $346400 $376400 O $258200 O $599400

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