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Determine the amount of long-term debt for ABC Co. using the following balance sheet information: cash balance of $24,489, accounts payable of $96,359, common stock
Determine the amount of long-term debt for ABC Co. using the following balance sheet information: cash balance of $24,489, accounts payable of $96,359, common stock of $401,217, retained earnings of $500,494, inventory of $206,693, other assets equal to $76,377, net plant and equipment of $706,234, short-term notes payable of $30,000, and accounts receivable of $142,808.
Long-term debt: ________________
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