1 You are evaluating the balance sheet for Goodman Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $950,000, accounts receivable = $1,800,000, inventory = $2,300,000, accrued wages and taxes = $590,000, accounts payable = $890,000, and notes payable = $690,000. Calculate Goodman Bees' net working capital. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar amount.) Net working capital

You are evaluating the balance sheet for Goodman Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities =$950,000, accounts recelvable =$1,800,000, inventory =$2,300,000, accrued wages and taxes = $590,000, accounts payable =$890,000, and notes payable =$690,000. Calculate Goodman Bees' net working copital. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar omount.) Net working capital