Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have?

Cash $ 20.00
Accounts payable $ 30.00
Short-term investments 50.00
Accruals 50.00
Accounts receivable 20.00
Notes payable 30.00
Inventory 60.00
Current liabilities $110.00
Current assets $150.00
Long-term debt 70.00
Gross fixed assets $140.00
Common stock 30.00
Accumulated deprec. 40.00
Retained earnings 40.00
Net fixed assets $100.00
Total common equity $ 70.00
Total assets $250.00
Total liab. & equity $250.00

(A) $120.00
(B) $115.60
(C) $122.20
(D) $117.80
(E) $124.40