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Current Attempt in Progress Mark Harris, the CFO of Cullumber Automotive, Inc, is putting together this year's financial statements. He has gathered the following balance

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Current Attempt in Progress Mark Harris, the CFO of Cullumber Automotive, Inc, is putting together this year's financial statements. He has gathered the following balance sheet information: The firm had a cash balance of $24,300, accounts payable of $164,500, common stock of $314,500, retained earnings of $513,500, inventory of $213,700, goodwill and other assets equal to $80,000, net plant and equipment of $712,500 and short-term notes payable of $22,400. It alsopad accounts receivable of $142,500 and other current assets of $12,500. How much long-term debt does Cullumber Automotive have? Long-term debt $

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