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Chulak Sales has total owner's equity of $14,700. The firm has current liabilities of $1,400 and total assets of $22,300. What is the value of

Chulak Sales has total owner's equity of $14,700. The firm has current liabilities of $1,400 and total assets of $22,300. What is the value of the long-term debt, if you also know that market value of firm's inventories is $2,900?

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