The balance sheet for Stevenson Corporation reported the following: noncurrent assets, $230,000; total assets, $450,000; noncurrent liabilities, $210,000; total stockholders’ equity, $82,000.   Compute Stevenson’s working capital.

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The balance sheet for Stevenson Corporation reported the following: noncurrent assets, $230,000; total assets, $450,000; noncurrent liabilities, $210,000; total stockholders’ equity, $82,000.
 

Compute Stevenson’s working capital.

 

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