During the year, Belyk Paving Co. had sales of $2,275,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,285,000, $535,000, and $420,000, respectively. In addition, the company had an interest expense of $245,000 and a tax rate of 21 percent. Ignore any tax loss carryforward provision and assume interest expense is fully deductible. Belyk Paving Co. paid out $370,000 in cash dividends. Assume net capital spending was zero, no new investments were made in net working capital, and no new stock was issued during the year. Calculate the firm's new long-term debt added during the year. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Net new long-term debt