Excerpts from Sydner Corporation's most recent balance sheet appear below: Year 2Year 1Current assets: Cash$160? $170? Accounts receivable, net 230? 250? Inventory 280? 230? Prepaid expenses 20? 20? Total current assets$690? $670? Total current liabilities$400? $380? Sales on account in Year 2 amounted to $1640 and the cost of goods sold was $1050.The working capital at the end of Year 2 is:
A. $980
B. $690
C. $290
D. $1170
Answer: C
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