For Garrison Corporation, the Working Capital at the End of the Current

Essay

For Garrison Corporation, the working capital at the end of the current year is $10,000 more than the working capital at the end of the preceding year, reported as follows:
​ $\begin{array}{|l|r|r|}\hline &{\text { Year 2 }} & {\text { Year } 1} \\\hline \text { Current assets: } & & \\\hline \text { Cash, marketable securities, and receivables } & \$ 80,000 & \$ 84,000 \\\hline \text { Inventories } & 120,000 & 66,000 \\\hline \text { Total current assets } & \$ 200,000 & \$ 150,000 \\\hline \text { Current liabilities } & 100,000 & 60,000 \\\hline \text { Working capital } & \$ 100,000 & \$ 90,000 \\\hline\end{array}$ ​
Has the current position of Garrison Corporation improved? Explain.