Question 6 of 45 Current Attempt in Progress Use the following data to determine the...
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Accounting
Question 6 of 45 Current Attempt in Progress Use the following data to determine the total amount of working capital. $196000 25500 235000 $456500 Cash Accounts receivable Inventory Prepaid insurance Stock investments (long-term) Land Buildings Less: Accumulated depreciation Concord Corporation Balance Sheet December 31, 2022 $194000 Accounts payable 145000 Salaries and wages payable 156000 Mortgage payable 85300 Total liabilities 267000 293000 $310000 Common stock $412300 (60000) 250000 Retained earnings 738500 Goodwill 217000 $1150800 Total stockholders equity Total liabilities and stockholders' equity $1607300 Total assets $1607300 O $388800 O $128800 O $358800 O $178800
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