Problem:

Andre's Dog House had current assets of $67,200 and current liabilities of $71,100 last year. This year, the current assets are $82,600 and the current liabilities are $85,100. The depreciation expense for the past year is $9,600 and the interest paid is $8,700.

Required:

Question: What is the amount of the change in net working capital?

• -$2,800
• -$1,400
• $1,400
• $2,100
• $2,800

Note: Be sure to show how you arrived at your answer.