During $2018,$ Raines Umbrella Corporation had sales of $$747,000.$ Cost of goods sold, administrative and selling expenses, and depreciation expenses were $$563,000,$ $$88,000,$ and $$125,000,$ respectively. In addition, the company had an interest expense of $$100,000$ and a tax rate of $35$ percent. $($Ignore any tax loss carryback or carryforward provisions.$)$ Assume Raines Umbrella Corporation paid out $$24,000$ in cash dividends. If spending on net fixed assets and net working capital was zero, and if no new stock was issued during the year, what is the firm's net new long$-$term debt?

A$.96,450$

B$.28,000$

C$.120,000$

D$.0$

E$.26,500$