Question: help? View Policies Current Attempt in Progress Use the following data to determine the total amount of working capital. Blossom Company Balance Sheet December 31,

help?
help? View Policies Current Attempt in Progress Use the following data to
determine the total amount of working capital. Blossom Company Balance Sheet December

View Policies Current Attempt in Progress Use the following data to determine the total amount of working capital. Blossom Company Balance Sheet December 31, 2022 Cash $71500 Accounts receivable 93000 Inventory 141500 Prepaid insurance 79000 Stock investments (long-term) 188500 Land 193000 Buildings $212000 Less: Accumulated depreciation (70500) 141500 Patent 130000 Total assets $1038000 $159400 $249000 $238400 $403400 Accounts payable $1360 Salaries and wages payable 10 Mortgage payable 1650 Total liabilities $311 Common stock $204 Retained earnings 521 Total stockholders' equity $726 Total liabilities and stockholders' equity $1038( etermine the total amount of working capital. Blossom Company Balance Sheet December 31, 2022 $71500 Accounts payable 93000 141500 79000 188500 193000 141500 130000 $1038000 n) $212000 tion (70500) $136000 Salaries and wages payable 10600 Mortgage payable 165000 Total liabilities $311600 Common stock $204900 Retained earnings 521500 Total stockholders' equity $726400 Total liabilities and stockholders' equity $1038000

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