At yoar-end 2002, Yung.com had notes payable of $1200, accounts payable of $2400, and long-term debt of $5000, Corresponding entries tor 2003 are $1600,$2000, and $2000. Asset values are below. During 2003, Yung com had sales af $4000, cost of goods sold of $400, In 2003, the NOWC is The correct answeris: 1500.00