Question: *Multiple Choice Question 83 Use the following data to determine the total amount of working capital. Skysong, Inc. Balance Sheet December 31, 2022 $71000 85000
*Multiple Choice Question 83 Use the following data to determine the total amount of working capital. Skysong, Inc. Balance Sheet December 31, 2022 $71000 85000 148500 76500 184500 Accounts payable Salaries and wages payable Bonds payable Total liabilities $142000 13100 154500 $309600 Cash and cash equivalents Accounts receivable Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation Trademarks 196000 $210900 $230000 (63000) 167000 523500 115500 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $734400 Total assets $1044000 $1044000 o $149400 $245900 $225900 $380400
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