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You are evaluating the balance sheet for Goodman Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities =

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You are evaluating the balance sheet for Goodman Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $700,000, accounts receivable = $1,400,000, inventory = $1,900,000, accrued wages and taxes = $550,000, accounts payable = $850,000, and notes payable = $650,000. Calculate Goodman Bees' net working capital. Note: Enter your answer in dollars not in millions. Net working capital

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