1. The Barnum Company has total assets of $39,780, net working capital of $4,760, owner's equity of $17,000, and long-term liabilities of $11,900. What is the value of the current assets:
a: $2,800 b: $5,600 c: $15,560 d: $18,450
2. Determine the present worth capitalized cost of
a) $50,000 every 5 years through infinity at an interest rate of 10% per year
b) $5000 per year starting year 5 through infinity at an interest rate of 10% per year