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Use the following data to determine the total amount of working capital. Carne Auto Supplies Balance Sheet December 31, 2022 Cash and cash equivalents

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Use the following data to determine the total amount of working capital. Carne Auto Supplies Balance Sheet December 31, 2022 Cash and cash equivalents $70000 Accounts payable $130000 Accounts receivable 100000 Salaries and wages payable 20000 Inventory 140000 Bonds payable 180000 Prepaid insurance 80000 Total liabilities $330000 Stock investments 180000 Land 190000 Buildings $230000 Common stock $240000 Less: Accumulated (60000) 170000 Retained earnings 500000 depreciation Total stockholders' Trademarks 140000 $740000 equity Total liabilities and Total assets $1070000 stockholders' equity $240000 $420000 $160000 $260000 $1070000

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