At the beginning of the year, Shinedown Corporation had a long-term debt balance of $46,005. During the year, the company repaid a long-term loan in the amount of $11,580. The company paid $4,225 in interest during the year, and opened a new long-term loan for $10,275. How much is the ending long-term debt account on the company's balance sheet? Multiple Choice $52,055 $47,310 $48,925 $44,700 $5,530