A company had the following transactions:
1 Goods in inventory that had cost $1,000 were sold for $1,500 cash.
2 A credit customer whose $500 debt had been written off paid the amount in full.
3 The company paid credit suppliers $1,000
What will be the combined effect of these transactions on the company’s total working capital (current assets
less current liabilities)?
A   Increase of $1,000
B   Working capital remains unchanged
C   Increase of $2,000
D   Increase of $3,000

A