Question: Case B: Ospry, Inc., has working capital in the amount of $960,000. Required: For each of the following transactions, determine whether working capital will increase,

Case B: Ospry, Inc., has working capital in the amount of $960,000. Required: For each of the following transactions, determine whether working capital will increase, decrease, or remain the same. 1. Paid accounts payable in the amount of $10,000. 2. Recorded rent payable in the amount of $22,000. 3. Collected $5,000 in accounts receivable. 4. Purchased $20,000 of new inventory for cash.

		Change
1.	Working capital (Accounts Payable)
2.	Working capital (Rent Payable)
3.	Working capital (Accounts Receiveable)
4.	Working capital (Inventory)

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