Constructing Balance Sheets and Computing Working Capital

The following balance sheet data are reported for Beaver, Inc., at May $31.$

Assume that on June $1,$ only the following two transactions occurred.

June $1$ Purchased additional equipment costing $$27,000,$ giving $$3,600$ cash and a $$23,400$ note payable.

Declared and paid a $$12,600$ cash dividend.

a$.$ and b$.$ Prepare its balance sheet at May $31$ and June $1.$

c$.$ Calculate its net working capital at June $1.($Assume that Notes Payable are noncurrent.$)$