Presented Below Are the Condensed Balance Sheets of Fellsmere Corporation

Presented below are the condensed balance sheets of Fellsmere Corporation at December 31, 2017 and 2016.Net income for the years ending December 31, 2016 and 2015 is $346,000 and $109,000, respectively. $\begin{array}{lrr}&\text { December 31,2017 } & \text { December } \mathbf{3 1 , 2 0 1 6} \\\hline \text {Current assets }&\$ 2,228,186 & \$ 2,544,683 \\\text {Property, plant, \& equipment (net) }&530,589 & 376,647 \\\text {Intangibles and other assets }&131,206 & 118,121 \\\hline \text {Total assets }&\mathbf{\$ 2 , 8 8 9 , 9 8 1} & \mathbf{\$ 3 , 0 3 9 , 4 5 1}\\\\\text {Current liabilities }&\$ 1,429,674 & \$ 1,003,906 \\\text { Long-term obligations }&3,360 & 7,240 \\\text { Warranty and other liabilities }&112,971 & 98,081 \\\text {Total liabilities }&\$ 1,546,605 & \$ 1,109,227 \\\text {Stockholders' equity: }\\\text { Common stock } & \$ 1,566 & \$ 501,631 \\\text { Additional paid-in capital } & 365,986 & 799,483 \\\text { Retained earnings } & 980,509 & 634,509\\ \text {Accumulated other }\\ \text { comprehensive loss}&(4,085)&\$ 1,343,976\\ \text { Total stockhol ders' equity}&(5,489)&\$ 1,930,224\\\text {Total liabilities and stockholders' equity }&\$ 2,889,981& \$ 3,039,451\\\end{array}$ ​
-Read the information about Fellsmere Corporation.
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Required:
(A) Explain the change in Fellsmere's working capital from 2016 to 2017.Why do users believe the current ratio provides more information than the dollar amount of working capital? Explain.
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(B) Fellsmere Corporation's creditors need to know whether its working capital position improved during the year.How would you evaluate this?