Question: Using the following balance sheet and income statement data, what is the total amount of working capital? Current assets $24300 Net income $31900 Current liabilities

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

Current assets

 $24300

Net income

 $31900

Current liabilities

 12200

Stockholders' equity

 59300

Average assets

 121600

Total liabilities

 31900

Total assets

 91200

Average common shares outstanding was 11400.

A) $6100

B) $7600

C) $12100

D) $24300

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