2023 Income Statement Sales $ 770,000 Cost of Goods Sold $ 340,000 Depreciation Expense $ 95,000...

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2023 Income Statement Sales $ 770,000 Cost of Goods Sold $ 340,000 Depreciation Expense $ 95,000 Earnings before Interest and Taxes $ 335,000 Interest Expense $ 19,800 Taxable Income $ 315,200 Tax Expense Net Income $ 104,016 $ 211,184 Dividends Paid Retained Earnings Balance Sheet $ 10,300 $ 200,884 End of 2023 Beginning of 2023 Cash $ 280,000 $ 122,000 Accounts Receivable 50,000 $ 22,300 Inventory $ 188,000 $ 119,000 Net Fixed Assets $ 630,000 $ 630,000 Total Assets $1,148,000 $ 893,300 Accounts Payable Long-term Debt Common Stock Accumulated Retained Earnings $ 158,000 $ 71,800 14,116 $ 121,500 $375,000 $ 300,000 $ 600,884 $ 400,000 $1,148,000 $ 893,300 Total Liabilities & Shareholders' Equity Consider the financial statements displayed above. Based on these statements, calculate the firm's net working capital as of the end of 2023. Note: Report your answer rounded to two decimal points. 2023 Income Statement Sales $ 770,000 Cost of Goods Sold $ 340,000 Depreciation Expense $ 95,000 Earnings before Interest and Taxes $ 335,000 Interest Expense $ 19,800 Taxable Income $ 315,200 Tax Expense Net Income $ 104,016 $ 211,184 Dividends Paid Retained Earnings Balance Sheet $ 10,300 $ 200,884 End of 2023 Beginning of 2023 Cash $ 280,000 $ 122,000 Accounts Receivable 50,000 $ 22,300 Inventory $ 188,000 $ 119,000 Net Fixed Assets $ 630,000 $ 630,000 Total Assets $1,148,000 $ 893,300 Accounts Payable Long-term Debt Common Stock Accumulated Retained Earnings $ 158,000 $ 71,800 14,116 $ 121,500 $375,000 $ 300,000 $ 600,884 $ 400,000 $1,148,000 $ 893,300 Total Liabilities & Shareholders' Equity Consider the financial statements displayed above. Based on these statements, calculate the firm's net working capital as of the end of 2023. Note: Report your answer rounded to two decimal points.