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Use the following data to determine the total amount of working capital. Tamarisk, Inc. Balance Sheet December 31, 2017 $196000 in Accounts payable Salaries and
Use the following data to determine the total amount of working capital. Tamarisk, Inc. Balance Sheet December 31, 2017 $196000 in Accounts payable Salaries and wages payable Mortgage payable Total liabilities $195000 27000 243000 $465000 Cash Accounts receivable Inventory Prepaid insurance Stock investments (long-term) Land Buildings Less: Accumulated depreciation Trademarks Total assets $319000 stock W $364800 745000 $1109800 N Retained earnings Total stockholders' equity Total liabilities and stockholders' equity in $1574800 $150800 $380800 $200800 $410800
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