Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet...

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Accounting

Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances: Cash and marketable securities =$670,000, Accounts receivable =$870,000, Inventory =$570,000, Accrued wages and taxes =$111,000, Accounts payable =$207,000, and Notes payable =$1,070,000. What is Cypress's net working capital?
Multiple Choice
$1,388,000
$2,110,00
$3,498,000
$722,000
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