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At the beginning of the year, Shinedown Corporation had a long - term debt balance of $ 4 5 , 5 0 5 . During

At the beginning of the year, Shinedown Corporation had a long-term debt balance of $45,505. During the year, the company repaid a long-term loan in the amount of $10,880. The company paid $3,845 in interest during the year, and opened a new long-term loan for $9,695. How much is the ending long-term debt account on the company's balance sheet?

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