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Business, 28.09.2019 02:20 aidenbender06

On january 1,2013, james company reported total current assets of $658,000 and total current liabilities of $365,000. during the year, james purchased $2,000 worth of equipment for cash, paid $560 towards salaries, and borrowed $80,000 from its bank to be repaid after 5 years. compute james' working capital as of december 31, 2013.
a. $293,000
b. $335,400
c. $370,440
d. $290,440

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