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Use the following data to determine the total amount of working capital. Cash $150500 Kingbird, Inc. Balance Sheet December 31, 2022 $129100 Accounts payable Salaries

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Use the following data to determine the total amount of working capital. Cash $150500 Kingbird, Inc. Balance Sheet December 31, 2022 $129100 Accounts payable Salaries and wages 123500 payable 208900 Note payable (due 2025) 90200 Total liabilities 33100 Accounts receivable 266800 $450400 257000 Inventory Short-term investments Land (held for future use) Land Buildings Less: Accumulated depreciation 280000 $362000 Common stock $338500 (64600) 273900 761400 Retained earnings Franchise 211200 $1123400 Total stockholders equity Total liabilities and Cash Kingbird, Inc. Balance Sheet December 31, 2022 $129100 Accounts payable 123500 Salaries and wages payable 208900 Note payable (due 2025) 90200 Total liabilities $150500 Accounts receivable 33100 Inventory Short-term investments Land (held for future use) 266800 $450400 257000 Land 280000 $338500 Common stock $362000 Buildings Less: Accumulated depreciation (64600) 273900 761400 Franchise 211200 $1123400 Retained earnings Total stockholders equity Total liabilities and stockholders' equity Total assets $1573800 $1573800 O $398100 $625100 O $368100 O $277900

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