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Use the following data to determine the total amount of working capital. Swifty CorporationBalance SheetDecember 31, 2017Cash$127800 Accounts payable$173000Accounts receivable122100 Salaries and wages payable31000 Inventory200200Mortgage

Use the following data to determine the total amount of working capital.

Swifty CorporationBalance SheetDecember 31, 2017Cash$127800

Accounts payable$173000Accounts receivable122100

Salaries and wages payable31000

Inventory200200Mortgage payable265900

Prepaid insurance90400Total liabilities$469900

Stock Investments259000

Land280000Buildings$335000

Common stock$363000

Less: Accumulated depreciation(56100)278900Retained earnings730000

Trademarks204500Total stockholders' equity$1093000

Total assets$1562900

Total liabilities andstockholders' equity$1562900

$246100

$366500

$336500

$595500

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