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Using the following balance sheet and income statement data,
what is the total amount of working capital?
Current assets $7,000 Net income
$ 15,000
Current liabilities 4,000 Stockholders' equity 21,000
Average assets
44,000 Total liabilities
Total assets
30,000
9,000
Average common shares outstanding was 10,000.
a. $7,000
b. $5,000
c. $3,000
d. $2,000

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