Reference no: EM132938077
Accounts payable$ 30,000
Accounts receivable 35,00
0Accrued liabilities 7,000
Cash25,000
Intangible assets 40,000
Inventory72,000
Long-term investments100,000
Long-term liabilities75,000
Marketable securities36,000
Notes payable (short-term)20,000
Property, plant, and equipment400,000
Prepaid expenses2,000
Problem 1: Based on the above data, what is the amount of working capital?
What amount should patent be reported on the december
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