Question: Using the following balance sheet and income statement data, what is the total amount of working capital? Current assets $38400 Net income $50400 Current liabilities

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

Current assets $38400 Net income $50400

Current liabilities 19200 Stockholders' equity 93600

Average assets 192000 Total liabilities 50400

Average common shares outstanding was 18000

A. $38400

B. $9600

C. $12000

D. $19200

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