Use the following data to determine the total amount of working capital from the Banner Auto Supplies Balance Sheet for December 31, 2020: Cash $70,000, Accounts payable $130,000, Accounts receivable 100,000, Salaries and wages payable 20,000, Inventory 140,000, Mortgage payable 180,000, Prepaid insurance 80,000, Total liabilities $330,000, Stock investments 180,000, Land 190,000, Buildings $230,000, Common stock $240,000, Accumulated depreciation (60,000), Retained earnings 500,000, Total stockholders' equity $740,000, Trademarks 140,000, Total assets $1,070,000, Total liabilities and stockholders' equity $1,070,000.

A). 260,000

B). 240,000

C). 160,000

D). 420,000