Happy Clowns, Inc.

17. Happy Clowns, Inc., has a cash balance of $445,000, accounts payable of $234,000, inventory of $144,000, accounts receivable of $411,000, notes payable of $124,000, and accrued wages and taxes of $88,000.

How much net working capital does the company need to fund?

A. $387,000

B. $446,000

C. $554,000

D. $614,000 

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