Exercise 3-6 (Algo) Balance sheet; Current versus long-term classification (LO3-2, 3-3] Presented below are the ending balances of accounts for the Kansas Instruments Corporation at December 31, 2021. Credits $ Debits 35,000 160,000 39,000 115,000 18,000 $ 20,000 47,000 65,000 1,600,000 635,000 Account Title Cash Accounts receivable Raw materials Notes receivable Interest receivable Interest payable Investment in debt securities Land Buildings Accumulated depreciation-buildings Work in process Finished goods Equipment Accumulated depreciation-equipment Patent (net) Prepaid rent (for the next two years) Deferred revenue Accounts payable Notes payable Restricted cash (for payment of notes payable) Allowance for uncollectible accounts Sales revenue Cost of goods sold Rent expense 57,000 104,000 330,000 145,000 135,000 75,000 51,000 195,000 550,000 95,000 28,000 1,100,000 465,000 43,000 Additional Information: 1. The notes receivable, along with any accrued interest, are due on November 22, 2022. 2. The notes payable are due in 2025. Interest is payable annually. 3. The investment in debt securities consist of treasury bills, all of which mature next year. 4. Deferred revenue will be recognized as revenue equally over the next two years. Required: Determine the company's working capital (current assets minus current liabilities) at December 31, 2021. (Amounts to be deductec should be indicated by a minus sign.) Current assets: Cash 35,000 160,000 Accounts receivable Notes receivable Interest receivable Total current assets Current liabilities: 195,000 0 Total current liabilities Working capital