The data above shows the net working capital requirements for Flinder's Camping, a company that makes tents. All figures are in thousands of dollars. What can be considered the firm's permanent working capital?

Minimum Cash Balance $300 $300 $300 $300
Accounts Receivable 80 640 360 100
Inventory 1060 420 60 440
Accounts Payable (330) (330) (330) (330)

A) $390,000
B) $510,000
C) $720,000
D) $1,030,000

Answer: A