A firm has the following account balances. Which one of the following statements is correct concerning those balances?
Account Beginning Balance Ending Balance
Accounts Receivables $18,700 $19,600
Accounts Payables $23,100 $22,800
Inventory $29,700 $28,600
Long-Term Debt $48,400 $42,600
Common Stock $56,000 $54,500
A. Accounts Receivable is a $900 source of cash.
B. Common stock is a $1,500 source of cash.
C. Net working capital, excluding cash, is a $1.500 use of cash.
D. Long-term debt is a $5,800 source of cash.
E. Total debt is a $6,100 use of cash.