Question: Using the following balance sheet and income statement data, what is the total amount of working capital? Current assets $28800 Net income $37800 Current liabilities

Using the following balance sheet and income statement data, what is the total amount of working capital?

Current assets

 $28800

Net income

 $37800

Current liabilities

 14400

Stockholders' equity

 70200

Average assets

 144000

Total liabilities

 37800

Total assets

 108000

Average common shares outstanding was 13500.

$7200

$28800

$9000

$14400

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