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Based on the following data, what is the amount of working capital?
Based on the following data, what is the amount of working capital?Accounts payable.................................................................$64,000Accounts receivable..............................................................114,000Cash.................................................................................. 70,000Intangible assets..................................................................100,000Inventory............................................................................ 138,000Long-term investments...........................................................160,000Long-term liabilities.................................... ...........................200,000Short-term investments............................................................80,000Notes payable (short-term)........................................................56,000Property, plant, and equipment...............................................1,340,000Prepaid insurance......................................................................2,000$284,000$332,000$326,000$370,000