E9-1 (Algo) Identifying Current Liabilities, Computing Working Capital, and Explaining Workin Capital LO 9-1, 9-4, 9-5 Diane Corporation is preparing its year-end balance sheet. The company records show the following selected amounts the end of the year: Required: 1-a. What is the amount of current liabilities? 1-b. Compute working capital. 2. Would your computation be different if the company reported $310,000 worth of contingent liabilities in the notes to it financial statements? Yes No